Lebanese Prime Minister Najib Mikati announced that the UN World Food Programme (WFP) will grant $5.4 billion in aid to Lebanon to help the local population and Syrian refugees.

An official at the Jordanian Ministry of Industry, Trade and Supply said that the government has increased subsidized flour allocations to bakeries to keep bread prices unchanged, as a result of the recent rise in production costs for bakeries.

In its latest regional report, the International Monetary Fund (IMF) announced that nearly two-thirds of non-oil countries in the Middle East and North Africa are witnessing a “gradual slowdown” while the other oil-exporting countries in the region are benefiting from rising oil prices. However, the institution maintained its growth forecasts of 5% for 2022 and 3.6% for 2023 in the region.

The Egyptian government has announced that the International Monetary Fund (IMF) has granted a loan to Egypt worth three billion dollars.

In a recent report, the International Monetary Fund (IMF) announced that the world economy, which is slowly recovering from the effects of the pandemic and is still facing logistical problems in many sectors, is facing a series of unusual shocks that are in turn casting “storm clouds” over the global economy.