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" International Monetary Fund"

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Al-Ahram Weekly - Egypt
2/14/2024 10:15:00 AM
Recent statements about Egypt’s loan arrangements with the IMF have relieved many observers.

Business - Economy
2/11/2024 6:16:48 PM
The International Monetary Fund (IMF) will announce the outcomes of the ongoing negotiations with Egypt within the upcoming few weeks, the Managing Director of the IMF, Kristalina Georgieva, said on Sunday.

War on Gaza - War on Gaza
2/11/2024 6:15:31 PM
The Israeli war on Gaza has devastated the economies of both the embattled Gaza Strip and the occupied West Bank, the International Monetary Fund's chief said Sunday, adding that only "durable peace" would improve the outlook.

Business - Economy
2/4/2024 7:54:26 PM
Goldman Sachs, the renowned American investment bank, anticipated that Egypt is on the verge of securing a $12 billion financing deal with the International Monetary Fund (IMF), according to a report by Asharq Bloomberg on their official account on X on Sunday.

Business - Economy
2/2/2024 7:28:02 PM
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva stated that Egypt and the lender are in advanced discussions regarding the augmentation of the Egyptian loan programme.

Business - Economy
2/2/2024 4:13:43 AM
The International Monetary Fund (IMF) announced on Thursday the successful completion of its delegation's visit to Cairo, focusing on discussions aimed at finalizing the first and second reviews of Egypt's reform program supported by the IMF's Extended Fund Facility (EFF).

Business - Economy
2/1/2024 12:28:44 PM
The global economy is expected to grow by 3.1 percent in 2024 and edge slightly higher to 3.2 percent in 2025, with projections indicating a moderate growth trajectory and a gradual easing of inflationary pressures over the next couple of years, according to the International Monetary Fund’s 2024 World Economic Outlook Report.

Business - Economy
1/31/2024 6:55:56 PM
Jihad Azour, director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), told Ahram Online that Egypt's GDP growth rate could increase by 5-6 percent if the government allows the private sector to play a leading role in Egypt's economy and reconsiders the role of the public sector.

Business - Economy
1/30/2024 6:21:03 PM
Egypt’s real GDP growth is expected to recover, reaching 4.7 percent, in the upcoming fiscal year (FY) 2024/2025, backed by the financing and policy package set by the International Monetary Fund (IMF), Daniel Leigh, a division chief at the IMF’s Research Department, told Ahram Online (AO).

Business - Economy
1/30/2024 3:06:10 PM
The International Monetary Fund (IMF) has downgraded its forecasts for Egypt’s real GDP growth in the current FY2023/2024 to three percent, down from the 3.6 percent it projected in October, according to the updated World Economic Outlook (WEO) report released on Tuesday.

Al-Ahram Weekly - Egypt
1/24/2024 11:36:00 PM
With an IMF delegation in Cairo this week to discuss Egypt’s loan programme, moves are underway to find a solution to the country’s hard-currency problem.

Business - Economy
1/22/2024 6:05:09 PM
Global credit rating agency Moody's has expected the International Monetary Fund (IMF) to increase its existing $3 billion loan programme for Egypt to $10 billion, according to a recent report by the agency.

Business - Economy
1/21/2024 10:37:24 AM
Cabinet Spokesperson Mohamed El-Homsany said that claims about a possible devaluation of the Egyptian pound against the dollar, coinciding with the visit of the International Monetary Fund (IMF) delegation to Egypt, are mere speculation.

Business - Economy
1/20/2024 2:09:35 PM
The International Monetary Fund (IMF) team, led by Mission Chief for Egypt Ivanna Vladkova Hollar, is currently in Cairo for ongoing discussions on the first and second reviews of Egypt’s reform programme supported by the IMF’s Extended Fund Facility (EFF), the IMF’s spokesperson told Ahram Online (AO).

Business - Economy
1/11/2024 10:27:43 PM
The International Monetary Fund (IMF) is discussing with the Egyptian authorities a set of policies that would support the completion of the first and second reviews of the Extended Fund Facility (EFF) that Egypt has with the Fund, head of the Communications Department (COM) at the IMF and the spokesperson for the Fund Julie Kozack told Ahram Online.

Business - Markets & Companies
1/11/2024 8:58:41 PM
The Egyptian Exchange main index (EGX30) achieved humble growth in the second week of 2024 as investors move slowly, awaiting progress in Egypt’s negotiations with the International Monetary Fund (IMF).

Business - Economy
1/10/2024 3:45:30 PM
The US Treasury Secretary Janet Yellen and the Managing Director of International Monetary Fund (IMF) Kristalina Georgieva vowed full support for the Egyptian economy, according to an official statement on Wednesday.

Business - Economy
1/9/2024 9:24:28 PM
A high-level delegation from the Egyptian government has arrived in Washington DC to push forward Egypt's almost standstill loan programme with the International Monetary Fund (IMF), in addition to exploring a new additional loan for the country amid its ongoing serious economic situation.

Business - Economy
1/4/2024 8:19:22 PM
A mission from the International Monetary Fund (IMF) would probably visit Cairo in January to finalize a new time frame for the loan agreement with Egypt, said Cabinet Spokesperson Mohamed El-Hommosani during a phone call with Ala Mas’ouliati TV show on Wednesday.

Business - Economy
12/23/2023 6:43:27 PM
Global central banks’ reserves of US dollars declined to 59.2 percent during the third quarter of 2023 from 59.4 percent the previous quarter, the lowest figure since Q4 of 2022, according to the latest data released by the International Monetary Fund (IMF).

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