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Business
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Economy
10/27/2022 2:07:00 PM
Egypt has reached a 46-month staff-level agreement with the International Monetary Fund (IMF) under the Extended Fund Facility (EFF) with a loan worth about $ 3 billion.
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Business
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Economy
10/25/2022 10:51:06 PM
Reaching a deal with the International Monetary Fund (IMF) and launching an index for the Egyptian pound were among the top recommendations suggested by the Egypt Economic Conference 2022 as it concluded on Tuesday.
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Al-Ahram Weekly
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Egypt
10/21/2022 7:20:00 PM
Al-Ahram Weekly compares Egypt’s current dollar crunch to that in 2016-17.
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Al-Ahram Weekly
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Egypt
10/20/2022 10:54:00 AM
Egypt is anticipating its fourth loan from the International Monetary Fund in order to boost the economy, increase foreign-currency reserves, and cushion the effects of the global inflationary wave.
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Business
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Economy
10/16/2022 6:56:58 PM
The Central Bank of Egypt (CBE) and the Ministry of Finance announced on Sunday that Egypt and the International Monetary Fund (IMF) have reached an agreement on the economic and structural policies and reforms for Egypt’s new IMF-backed economic reform programme.
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Business
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Economy
10/15/2022 11:00:20 PM
The Egyptian government and the International Monetary Fund (IMF) have agreed to finalise their work to reach a state-level agreement “very soon,” IMF spokesperson Gerry Rice said on Saturday.
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Business
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Economy
10/15/2022 2:32:15 PM
Governor of the Central Bank of Egypt (CBE) Hassan Abdallah chaired on Friday the plenary session of the World Bank Group (WBG) and International Monetary Fund (IMF) Boards of Governors.
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Business
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Economy
10/14/2022 1:16:49 PM
Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Jihad Azour said cooperation with Egypt is very strong.
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Business
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Economy
10/13/2022 2:11:18 PM
Egypt's Finance Minister Mohamed Maait said that negotiations between Egypt and the International Monetary Fund (IMF) over a new financing package are going well, noting that both sides agreed on all aspects related to the package.
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Business
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Economy
10/11/2022 4:44:46 PM
The International Monetary Fund (IMF) has revised its projections for Egypt’s real GDP growth in 2022 to 6.6 percent up from 5.9 percent it had expected in July, but lowered it for 2023 to 4.4 percent down from 4.8 percent, according to its World Economic Outlook report released on Tuesday.
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Al-Ahram Weekly
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Egypt
10/7/2022 12:44:00 PM
Businessmen are hoping for quick relief to overcome the country’s economic challenges, report Niveen Wahish and Sherine Abdel-Razek
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Business
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Economy
10/4/2022 11:24:05 PM
The International Monetary Fund (IMF)'s managing director Kristalina Georgieva said a final agreement with Egypt about a new loan could possibly be reached within weeks.
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World
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Region
9/21/2022 9:11:02 PM
The International Monetary Fund on Wednesday condemned Lebanon's "very slow" progress on implementing reforms needed to unlock a $3-billion-dollar loan crucial to revive its battered economy.
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Al-Ahram Weekly
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Opinion
9/7/2022 11:00:00 AM
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World
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International
9/1/2022 11:06:25 AM
Bankrupt Sri Lanka will receive a conditional $2.9 billion bailout to repair its battered finances, the International Monetary Fund said Thursday, following a bruising economic crisis that saw the island nation's president chased from the country.
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Business
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Economy
8/29/2022 10:31:13 PM
Egypt has pledged to the International Monetary Fund (IMF) to attain the overall budget deficit at six percent of GDP and to raise the initial surplus by 1.6 percent in FY 2022/2023, Minister of Finance Mohamed Maait said on Monday.
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Egypt
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Foreign Affairs
8/26/2022 2:44:51 PM
Prime Minister Mostafa Madbouly offered assurances to the public on Thursday that the International Monetary Fund (IMF) "is not coercing us into taking any measures that might affect the Egyptian citizen," amid the ongoing negotiations for a new loan deal.
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Business
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Economy
8/22/2022 6:58:18 PM
Prime Minister Mostafa Madbouly said on Monday that the country is in the final arrangements stage with the International Monetary Fund (IMF) to conclude a new loan deal.
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Egypt
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Politics
8/18/2022 11:24:56 PM
In a meeting with Executive Director at the International Monetary Fund (IMF) Mahmoud Mohieldin and newly-appoint acting governor of the Central Bank of Egypt Hassan Abdallah, Egypt’s Prime Minister Mostafa Madbouly said that the main priorities of the government currently are to guarantee the stability of the economy and reduce the negative impact of the global economic crisis.
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Business
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Economy
8/1/2022 5:52:33 PM
The current negotiations between the Egyptian government and the International Monetary Fund (IMF) over a new loan are now taking a “serious turn,” Fakhri El-Fiqi, head of Egypt's House of Representatives' Budget Committee, said on Sunday evening.
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