Sat. Oct 5th, 2024

The International Monetary Fund (IMF) announced that the volume of loans it provided to Arab countries has reached record levels, with the demand for financial support increasing due to worsening economic difficulties.

The announcement comes as many Arab countries continue to turn to the IMF for the necessary financing to overcome the current economic challenges.

According to statistics released by the IMF, Egypt remains at the forefront as one of the most indebted Arab countries, as it continues to benefit from programs and loans provided to strengthen its economy and achieve sustainable growth.

On the other hand, the IMF also announced the provision of new assistance and loan programs to a number of other Arab countries, such as Iraq, Jordan, and Tunisia, “with the aim of supporting the stability of their economies and enhancing opportunities for sustainable growth in the region.”

Based on these statistics, we can form a list of the Arab countries that owe the IMF the most in descending order.

Arab Countries Most Borrowed from IMF on 4 April 2024

  • Egypt $14.93 billion.
  • Morocco $2.1 billion
  • Jordan $1.98 billion.
  • Tunisia $1.47 billion.
  • Sudan $1.3 billion.
  • Mauritania $343.27 million.
  • Somalia $95.4 million.
  • Djibouti $42.1 million.
  • Comoros $24 million.
  • Yemen $6.43 million.

Top 10 Arab countries in central debt ratio to GDP

  1. Lebanon 179.2%.
  2. Sudan 127.5%.
  3. Bahrain 117.59%.
  4. Jordan 89:42%.
  5. Yemen 73.53%.
  6. Morocco 68.79%.
  7. Algeria 52.4%.
  8. Qatar 45.31%.
  9. Iraq 43.3%.
  10. Oman 40.15%.
The Egyptian President receives the US Secretary of State to discuss ceasefire efforts in Gaza

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