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Business
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Economy
9/17/2023 8:06:55 PM
The times scheduled for the International Monetary Fund’s (IMF) reviews of the Egyptian economy for the $3 billion loan program with the fund are “tentative and not final," a high-level source familiar with the deal told Ahram Online.
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Business
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Economy
9/13/2023 4:14:38 PM
The global debt to GDP ratio fell by 10 percent in 2022 to 238 percent from its 2021 level, yet total debt amounted to $235 trillion, $200 billion above the 2021 level, according to the International Monetary Fund on Wednesday.
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Business
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Economy
9/7/2023 10:49:08 PM
The US Treasury is pushing to increase funding for the International Monetary Fund by raising the quota obligations paid by member countries, a top official said Thursday.
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Business
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Economy
9/7/2023 9:50:35 PM
As the second review of the International Monetary Fund's (IMF) $3 billion loan agreement with Egypt draws nearer, many concerns are raised regarding the progress of the programme.
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Business
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Economy
9/7/2023 6:41:03 PM
The leaders of the International Monetary Fund and World Bank announced Thursday that the two institutions will collaborate more closely to tackle the "existential threat" posed by climate change.
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Al-Ahram Weekly
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Economy
9/2/2023 9:40:00 AM
In spite of the economic, fiscal, and financial reforms that the country has embarked on since signing the loan deal with the International Monetary Fund (IMF) in October last year, Egypt is still muddling through a myriad of economic challenges.
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Business
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Economy
8/24/2023 3:49:04 PM
Global fossil fuel subsidies reached $7 trillion in 2022, or 7.1 percent of the global GDP, according to the International Monetary Fund (IMF).
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Business
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Economy
8/23/2023 7:29:36 PM
Four years into its historic economic meltdown, Lebanon’s political elites, masters at survival, are pushing for a recovery that would sidestep tough reforms demanded by the International Monetary Fund.
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Business
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Economy
7/30/2023 2:44:23 PM
The International Monetary Fund (IMF) is expected to conduct its first and second reviews of the Egyptian economy for the $3 billion four-year loan programme between September and December 2023, according to a recent report by the US-based investment bank, Morgan Stanley.
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Business
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Economy
7/25/2023 6:56:27 PM
The International Monetary Fund (IMF) has raised its projections for Egypt’s inflation in 2023 and 2024 to 24.4 percent and 32 percent, respectively, up from 21.6 percent in 2023 and 18 percent in 2024 as projected in April, according to Deputy Director of the Research Department Petya Koeva Brooks.
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Business
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Economy
7/25/2023 5:25:24 PM
The International Monetary Fund has slightly upgraded its outlook for global growth this year on the back of resilient service sector activity in the first quarter and a strong labor market, the lender said Tuesday.
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Business
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Economy
7/13/2023 7:02:37 PM
The International Monetary Fund (IMF) has welcomed recently steps by the Egyptian government to push forward the Initial Public Offering (IPO) Programme, boosting the private sector and tackling its dollar shortage.
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Al-Ahram Weekly
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Opinion
7/11/2023 8:44:21 PM
More and more countries around the world are adopting new forms of industrial policy, writes Mahmoud Mohieldin
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Business
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Economy
7/11/2023 6:19:28 PM
Saudi Arabia has deposited $2 billion into Pakistan's central bank, the government said Tuesday, a much-needed financial boost ahead of a critical meeting of the International Monetary Fund on the new bailout package for the cash-strapped South Asian country.
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World
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International
6/23/2023 2:22:01 PM
French President Emmanuel Macron said Friday there was a "complete consensus" at a summit of world leaders in Paris to reform global financial bodies like the World Bank and International Monetary Fund.
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World
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International
6/22/2023 3:36:00 PM
The head of the International Monetary Fund said Thursday that rich countries had met a target of reallocating $100 billion of funds from the institution to battle climate change and poverty in developing countries.
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World
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Region
6/21/2023 10:21:31 PM
Iraq's president on Wednesday approved a record $152 billion budget that the parliament voted on earlier this month and which adds about half a million public sector jobs drawing criticism from the International Monetary Fund (IMF) for over-optimistic projections.
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Business
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Economy
6/20/2023 4:18:07 PM
International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that Egypt needs to work on preventing the leakage of foreign exchange (FX) reserves caused by the multiple exchange rates.
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Business
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Economy
6/11/2023 6:56:00 PM
During her first visit to Egypt, Antoinette Monsio Sayeh, deputy managing director of the International Monetary Fund (IMF), spoke to Al-Ahram regarding the latest developments in the country’s reform programme and the delays behind the fund’s scheduled review.
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Business
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Economy
6/11/2023 6:17:11 PM
Egypt needs to create one million new jobs each year to accommodate its growing population and sustain economic growth, Minister of Finance Mohamed Maait said on Sunday during a panel discussion with the International Monetary Fund (IMF).
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