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Al-Ahram Weekly
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Egypt
11/3/2024 1:02:00 AM
IMF officials will arrive in Cairo next week to review Egypt’s reform progress.
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Business
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Economy
11/2/2024 3:13:49 PM
The IMF's Regional Economic Outlook (REO) report, specifically focused on the Middle East and Central Asia, forecasts that Egypt’s inflation rate will decelerate to a notable 16 percent by the conclusion of the fiscal year 2024/2025, which ends in June 2025.
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Business
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Economy
11/1/2024 1:01:46 PM
International financial institutions (IFIs), including the World Bank, International Monetary Fund (IMF), and European Bank for Reconstruction and Development (EBRD), have released their GDP projections for Egypt for FY2024/2025 and FY2025/2026.
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Business
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Economy
10/31/2024 2:56:03 PM
Gaza, Lebanon and Sudan will take decades to recover from the conflicts raging on their soil, the International Monetary Fund said on Thursday after downgrading the region's growth forecast.
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Business
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Economy
10/27/2024 12:58:11 PM
Egypt’s former minister of finance Mohamed Maait has been elected as the executive director and member of the Executive Board, representing Arab countries and the Maldives at the International Monetary Fund (IMF), the Egyptian cabinet announced on Saturday.
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Business
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Economy
10/24/2024 11:04:27 PM
Jihad Azour, director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), stated that the overall financing needs for this year are going to be around $286 billion, which is almost $6 billion higher compared to last year for the whole region.
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Business
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Economy
10/24/2024 7:11:59 PM
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said Thursday “Egypt is better served by undertaking reforms sooner rather than later,"
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Business
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Economy
10/23/2024 7:04:40 PM
Egypt to start reevaluating the timing of economic reforms with The International Monetary Fund, Prime Minister Mostafa Madbouly announced on Wednesday.
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Al-Ahram Weekly
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Egypt
10/23/2024 12:10:00 PM
President Abdel-Fattah Al-Sisi’s statement that Egypt may reevaluate its loan agreement with the IMF triggered a wide array of comments before he attended the three-day BRICS Summit in Russia.
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Al-Ahram Weekly
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Economy
10/22/2024 11:15:54 PM
There will be no further increases in fuel prices over the next six months, Government sources said this week following the latest round of increases, reports Sherine Abdel-Razek
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Business
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Economy
10/22/2024 8:58:05 PM
The global war against inflation has largely been won, and at surprisingly little cost to economic growth, the International Monetary Fund declared Tuesday.
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Business
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Economy
10/22/2024 6:26:38 PM
The International Monetary Fund (IMF) projected Egypt's GDP to recover, reaching 4.1 percent in FY2025/2026 up from a forecasted 2.7 percent in the current fiscal year (FY2024/2025), according to the IMF’s World Economic Outlook report released on Tuesday.
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Business
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Economy
10/22/2024 5:03:38 PM
Egypt's portfolio flows have been net positive in recent months, with significant inflows into local currency bonds despite the ongoing debt challenges and high inflation, according to the Global Financial Stability Report released Tuesday by the International Monetary Fund (IMF).
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Egypt
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Politics
10/21/2024 1:17:00 AM
President Abdel-Fattah El-Sisi directed the government to reassess the situation with the International Monetary Fund to avert putting more pressure on the public amid the country’s efforts to overcome economic challenges.
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Business
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Economy
10/18/2024 12:59:08 PM
Ministry of Petroleum and Mineral Resources announced Friday the third fuel price increase in 2024, affecting various octanes and diesel, effective on the same day.
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Business
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Economy
10/16/2024 9:26:34 PM
The International Monetary Fund (IMF) released a survey of prospects and policies on Wednesday detailing a significant inflationary episode that has unfolded over the past three years, particularly following the COVID-19 pandemic. Here are the key takeaways from the report:
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Business
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Economy
10/15/2024 6:05:33 PM
The International Monetary Fund (IMF) anticipates the global public debt to surpass $100 trillion by the end of 2024, equating to approximately 93 percent of the GDP.
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Business
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Economy
10/12/2024 3:59:34 PM
The IMF approved reforms on Friday that will lower members' borrowing costs by 36 percent and lift eight indebted countries out of the requirement to pay more to borrow money.
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Business
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Economy
10/3/2024 9:13:24 PM
The International Monetary Fund (IMF) will commence the fourth review of Egypt's Extended Fund Facility (EFF) loan programme in November through an IMF mission visiting Cairo, Minister of Planning, Economic Development, and International Cooperation Rania Al-Mashat announced on Thursday.
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World
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Africa
9/22/2024 3:42:30 PM
In a small fashion store in Ethiopia's capital, Medanit Woldegebriel's dresses have almost doubled in price in the past two months, sending customers fleeing.
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