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Opinion
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12/23/2022 11:37:25 AM
On 17 December 2022, The IMF Executive Board has finally approved the US$ 3 billion Extended Fund Facility (EFF) to Egypt over a period of 46 months and where the amount of US$ 347,000 million will be released immediately.
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Business
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Economy
7/27/2022 1:48:47 PM
In its Ex-Post Evaluation of Egypt’s Exceptional Access under the 2020 Stand-By Arrangement (EPE) report, the IMF’s Executive Board said that the 12-month loan deal with Egypt under the SBA arrangement that ended in June 2021 achieved its primary objective in terms of maintaining the country’s macroeconomic stability.
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Business
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Economy
3/24/2021 4:11:18 PM
A formal proposal will be presented to the IMF’s executive board by June to consider a new allocation of $650 billion, based on an assessment of IMF member countries’ long-term global reserve needs
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Business
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Economy
7/23/2020 5:19:10 PM
The decision will allow for additional IMF support to countries to offset the impacts of Covid-19 outside the stipulations required by normal exceptional access to fund finances
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Business
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Economy
6/19/2020 8:34:22 PM
The $5.2 billion loan will support Egypt’s efforts to maintain macroeconomic stability amid the coronavirus shock while continuing to advance key structural reforms
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Business
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Economy
5/30/2020 12:40:45 PM
The International Monetary Fund's (IMF) Executive Board has approved the fund's FY 2021/23 medium-term budget.
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Business
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Economy
2/4/2019 10:09:58 PM
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Business
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Economy
1/25/2019 9:32:35 PM
'IMF staff team has finalized details required to present 4th review for Egypt’s Extended Fund Facility arrangement to the IMF’s Executive Board. I will recommend that the Board approve the review,' Christine Lagarde said
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Business
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Economy
8/11/2016 12:35:18 PM
The agreement is yet to be approved by the IMF's executive board
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Business
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Economy
3/11/2013 5:42:04 PM
IMF's executive board to approve second loan tranche to Jordan by April, says IMF official
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Business
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Economy
6/14/2011 1:06:44 PM
The IMF Executive Board will consider Agustín Carstens and Christine Lagarde for managing director, without any mention of Israel Central Bank governor, Fisher
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