Business
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Economy
4/21/2022 12:44:16 PM
Developing countries, including Egypt, should prioritise development and growth in collaboration with the private sector to deal with elevating debt levels amid the ongoing economic challenges, said Mahmoud Mohieldin, an executive director at the International Monetary Fund (IMF).
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Business
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Economy
4/20/2022 5:56:58 PM
The global rise in food prices is a major challenge for Egypt amid supply chain disruptions and the Russian war in Ukraine, Deputy Director of the Fiscal Affairs Department at the International Monetary Fund (IMF) Paolo Mauro told Ahram Online during a press briefing.
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Business
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Economy
4/20/2022 5:52:34 PM
The anticipated loan programme for Egypt from the International Monetary Fund (IMF) aims to support the country’s social protection system amid rising food and energy prices on the back of the Russian war in Ukraine, said IMF managing director Kristalina Georgieva.
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Al-Ahram Weekly
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Economy
4/20/2022 4:06:00 PM
Division Chief in the IMF’s Fiscal Affairs Department Paolo Medas explains how the crisis in Ukraine could affect food prices and debt levels in Egypt and the Middle East region to Al-Ahram Weekly.
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Business
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Economy
4/20/2022 2:47:48 PM
Egypt’s general government gross debt to GDP ratio is expected to jump to 94 percent in 2022, up from 93.5 percent in 2021, before winding down to 89.6 percent in 2023 and then declining to 80.7 percent by 2027, the International Monetary Fund (IMF) said on Wednesday.
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Business
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Economy
4/19/2022 8:16:45 PM
The Russia-Ukraine conflict is having economic repercussions on Egypt including rising financial needs, an elevated rate of inflation, and limited fiscal space, the assistant director of monetary and capital markets at the International Monetary Fund (IMF) Ranjit Singh told Ahram Online.
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Business
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Economy
4/19/2022 3:12:15 PM
The International Monetary Fund (IMF) has revised its projections for Egypt's real GDP growth in 2022 by 0.3 percent to reach 5.9 percent, up from 5.6 percent expected in January, before slowing down to 5 percent in 2023, the Fund announced on Tuesday.
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World
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International
4/19/2022 1:01:06 PM
Global finance leaders are putting the growing crisis over food insecurity and skyrocketing food prices at center stage as members of the International Monetary Fund and the World Bank meet in Washington and grapple with the brutal effects of Russia's war against Ukraine.
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Business
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Economy
4/18/2022 5:00:14 PM
The annual meetings of the International Monetary Fund (IMF) and the World Bank Group (WBG) kicked off in Washington DC on Monday, with the key theme expected to focus on the repercussions of the Russia-Ukraine conflict and COVID-19 on the global economy.
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Business
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Economy
4/14/2022 3:19:40 PM
The International Monetary Fund (IMF) will revise down the real GDP growth of 143 economies – accounting for 86 percent of global GDP – following the Russian invasion of Ukraine, IMF Managing Director Kristalina Georgieva said on Thursday.
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Business
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Economy
4/14/2022 1:50:00 PM
The executive board of International Monetary Fund (IMF) has approved establishing a new Resilience and Sustainability Trust (RST), which aims to help low-income and vulnerable middle-income countries address longer-term structural challenges that pose macroeconomic risks, including climate change and pandemics, the fund announced on Wednesday.
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Al-Ahram Weekly
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World
4/7/2022 8:12:00 PM
Comments made by Lebanon’s deputy prime minister about the country’s “bankruptcy” last weekend have drawn new attention to its ongoing negotiations with the International Monetary Fund.
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Business
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Economy
4/5/2022 3:55:51 PM
The International Monetary Fund (IMF) estimated that the cumulative output loss caused by the pandemic globally to reach $13.8 trillion by 2024.
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Business
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Economy
3/30/2022 7:25:53 PM
The managing director of the International Monetary Fund (IMF) Kristalina Georgieva praised on Wednesday the rapid response of Egypt’s government to address the repercussions of the Russian-Ukrainian conflict as well as the increase in the prices of food, basic materials, and transport.
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Business
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Economy
3/29/2022 5:16:48 PM
Global inflation is expected to jump by 1.5 percent in 2022, driven by the Ukrainian-Russian conflict and its associated impacts, particularly the soaring costs of shipping, the International Monetary Fund (IMF) said on Tuesday.
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Business
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Economy
3/27/2022 12:25:04 PM
Egypt’s anticipated programme with the International Monetary Fund (IMF) will target preserving the country’s gains from the previous economic reform programme, Minister of Finance Mohamed Maait said on Saturday.
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Egypt
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Politics
3/24/2022 10:39:57 AM
Egypt said on Wednesday that it has requested discussions with the International Monetary Fund (IMF) about a new programme that "possibly includes additional financing" to support the country's plans for comprehensive economic reforms.
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Business
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Economy
3/23/2022 8:19:46 PM
Egypt has officially requested support from the International Monetary Fund (IMF) to implement the country’s comprehensive economic program amid the ongoing global challenges, the IMF announced on Wednesday, without revealing further details.
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Business
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Economy
3/14/2022 8:17:24 PM
Egypt is not currently in discussion with the International Monetary Fund (IMF) for a new loan, Minister of Planning Hala El-Said told Reuters News Agency on Monday.
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War in Ukraine
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Economy
3/2/2022 11:23:24 AM
The International Monetary Fund (IMF) and the World Bank (WB) are set to allocate finances for Ukraine to support it amid the Russian invasion it is undergoing, according to a joint statement released on Tuesday by IMF Managing Director Kristalina Georgieva and WB President David Malpass.
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