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Business - Economy
5/18/2022 12:11:05 PM
The Monetary Policy Committee (MPC) of the Central Bank of Egypt (CBE) is set to convene on Thursday to review the key interest rates for the third time in 2022 and for the second time since the breakout of the Russian-Ukrainian conflict.

Business - Economy
5/15/2022 10:49:09 PM
Egypt is negotiating with the International Monetary Fund (IMF) on a new cooperation programme to support the country's comprehensive economic reforms and an agreement is expected to be reached within a “very few months,” Prime Minister Mostafa Madbouly said on Sunday.

Al-Ahram Weekly - Egypt
5/13/2022 5:40:00 PM
Caught between the impact of the seemingly endless war in Ukraine and the US Federal Reserve’s tightening of monetary policy, the Egyptian economy is in desperate need of lifelines.

Al-Ahram Weekly - Economy
4/30/2022 4:08:00 PM
Director of the Middle East and Central Asia Department at the International Monetary Fund Jihad Azour discusses the findings of the World Regional Economic Outlook report for the Middle East and North Africa (MENA) region.

Business - Economy
4/27/2022 4:04:47 PM
The International Monetary Fund (IMF) is currently in the technical discussions phase with the Egyptian authorities in terms of the anticipated loan programme with the country that aims to address the severe impacts of the Ukrainian war and other ongoing economic challenges, said the IMF’s Director of the Middle East and Central Asia Department Jihad Azour.

Business - Economy
4/27/2022 2:02:37 PM
The International Monetary Fund (IMF) has downgraded its projection for the real GDP growth in the Middle East and North Africa (MENA) region to five percent, down from 5.8 percent in 2021.

Business - 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).

Business - 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.

Business - 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.

Al-Ahram Weekly - 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.

Business - 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.

Business - 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.

Business - 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.

World - 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.

Business - 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.

Business - 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.

Business - 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.

Business - Markets & Companies
4/11/2022 2:01:10 PM
Asian stocks posted losses on Monday as unease lingered over tightening monetary policy by the Fed and rising prices in China.

Al-Ahram Weekly - 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.

Business - 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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