More than 300 lawmakers urge IMF, World Bank to cancel poor countries’ debt

Washington: Over 300 lawmakers from around the world on Wednesday urged the International Monetary Fund and World Bank to cancel the debt of the poorest countries in response to the coronavirus pandemic, and to boost funding to avert a global economic meltdown. The initiative, led by former U.S. presidential candidate Senator Bernie Sanders and Representative […]

Abu Dhabi statistics point to stable economic growth in 2019

Dubai: Emirate of Abu Dhabi managed stable economic growth in 2019 according to Statistical Yearbook of Abu Dhabi 2020, published by the Statistics Centre – Abu Dhabi (SCAD). Several activities highlited by the Statistical Yearbook showed that Abu Dhabi managed to achieve a high level of economic stability in 2019. According to SCAD’s estimates, the […]