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Business
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Economy
4/11/2023 3:08:52 PM
The International Monetary Fund (IMF) has revised down Egypt’s expected real GDP growth for the second time since October, according to the World Economic Outlook (WEO) report the fund released on Tuesday.
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Business
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Economy
4/10/2023 11:36:51 AM
The World Bank and International Monetary Fund's spring meetings get underway later this week with an ambitious reform and fundraising agenda likely to be overshadowed by concerns over high inflation, rising geopolitical tension and financial stability.
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Business
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Economy
4/6/2023 6:39:17 PM
The International Monetary Fund chief said Thursday the world economy is expected to grow less than 3% this year, down from 3.4% last year, increasing the risk of hunger and poverty globally.
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World
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Region
4/6/2023 5:57:01 PM
Tunisian President Kais Saied on Thursday rejected "foreign diktats" from the International Monetary Fund, which is in stalled talks with the heavily indebted country over a bailout package.
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Business
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Economy
4/5/2023 4:00:54 PM
Growing geopolitical fragmentation around the world, including the US-China trade war and the Russian invasion of Ukraine, could cut global growth by two percent, the International Monetary Fund said Wednesday.
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World
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War in Ukraine
3/31/2023 9:39:49 PM
The International Monetary Fund has approved a $15.6 billion support package for Ukraine to assist with the conflict-hit country's economic recovery, the fund said in a statement Friday.
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Business
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Economy
3/26/2023 6:00:56 PM
International Monetary Fund chief Kristalina Georgieva warned on Sunday that risks to financial stability had increased and stressed "the need for vigilance" following the recent turmoil in the banking sector.
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World
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Region
3/23/2023 4:00:56 PM
Crisis-hit Lebanon is "at a very dangerous moment", a visiting delegation of the International Monetary Fund said on Thursday, criticising slow progress on reforms needed to unlock billions in loans.
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World
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Region
3/22/2023 6:11:24 PM
US Secretary of State Antony Blinken warned Wednesday that Tunisia urgently needs to reach a deal with the International Monetary Fund (IMF), adding to dire EU warnings about the country's future.
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Business
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Economy
3/22/2023 11:57:07 AM
Ukraine and the International Monetary Fund have agreed on a $15.6 billion loan package aimed at shoring up government finances severely strained by Russia's invasion and at leveraging even more support by reassuring allies that Ukraine is pursuing strong economic policies.
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World
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International
3/21/2023 9:50:21 AM
The International Monetary Fund said Monday that its executive board has approved a nearly $3 billion bailout program for Sri Lanka over four years to help salvage the country's bankrupt economy.
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Business
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Economy
3/14/2023 11:09:51 PM
The International Monetary Fund (IMF) is set to conduct on Wednesday 15 March its first review under the Extended Fund Facility (EFF) four-year arrangement $3 bln loan deal.
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Al-Ahram Weekly
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Egypt
3/7/2023 9:56:19 PM
Fuel prices increased in Egypt last week in line with the indexation mechanism recommended under the country’s agreement with the International Monetary Fund, reports Doaa A. Moneim
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Business
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Economy
2/13/2023 4:47:27 PM
Egypt is keen to continue enhancing its structural fiscal and monetary policy reforms and maximising the role of the private sector in the economy, President Abdel-Fattah El-Sisi told the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva.
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Business
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Economy
2/13/2023 2:39:38 PM
Egypt is adopting an economic reform trajectory that contributes to supporting its financial discipline and decreasing debt to GDP ratio and budget deficit, Minister of Finance Mohamed Maait told the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva on Monday.
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Business
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Economy
2/12/2023 4:00:29 PM
Egypt’s government is helping manage many fiscal risks it is experiencing, including from public guarantees and losses by state-owned enterprises, which could destabilise debt and require drastic cuts to vital spending, the Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said on Sunday.
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Business
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Economy
2/8/2023 1:50:02 PM
Egypt intends to initiate the first stage of the initial public offering (IPO) programme under its new loan agreement with the International Monetary Fund (IMF) in March before the completion of the programme's first review, a source close to the cabinet’s discussions told Ahram Online.
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Al-Ahram Weekly
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Egypt
1/27/2023 1:20:00 PM
Last week brought a handful of good news on the economy.
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Business
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Economy
1/15/2023 5:37:10 PM
Egypt aims to bridge its financing gap through FY2025/26 mainly by selling state-owned assets, including to member states of the Gulf Cooperation Council, according to a staff report the International Monetary Fund (IMF) released last week on Egypt’s new IMF-backed $3 billion loan deal.
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Business
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Economy
1/12/2023 4:57:00 PM
The International Monetary Fund (IMF) announced on Tuesday the details of its new 46-month loan programme for Egypt and its government commitments in a staff report.
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