Business
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Economy
4/8/2021 4:04:23 PM
Malpass said that green investments and zero-carbon projects will help developing countries, including Egypt, boost their economic growth through these investments revenues, and thus contribute in curbing elevating debt
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Business
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Economy
4/7/2021 6:32:57 PM
Mauro told Ahram Online that the Egyptian authorities appropriately relaxed the fiscal stance to address the crisis, announcing a comprehensive and targeted stimulus package in March 2020
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Business
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Economy
4/7/2021 2:11:35 PM
Egypt’s government's gross debt reached its highest in 2017 to post 103 percent of GDP, but it started to decline as of 2018, reaching 92.5 percent and 84.2 percent in 2019 before increasing in 2020 as a result of the pandemic
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Business
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Economy
4/6/2021 4:36:07 PM
According to the report, the currencies of major emerging markets have gained against the dollar since the last issue of the global financial stability report, released in October, but has faced notable turbulence in early 2021
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Business
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Economy
4/5/2021 6:40:26 PM
This disbursement is part of the EU’s overall contribution of €183 million ($215 million) to the CCRT, financing grants for the third tranche of CCRT debt service relief that was approved recently by the IMF´s executive board.
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Business
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Economy
4/5/2021 4:43:23 PM
The IMF said on Monday that the approval followed two prior tranches approved on 13 April 2020 and 2 October 2020, respectively.
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Business
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Economy
4/4/2021 9:38:21 PM
'If the vaccine is sufficiently deployed by early-2022, Egypt is expected to gradually regain growth momentum during FY2021/22—23,' said the report
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Business
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Economy
4/3/2021 12:07:32 PM
The rebound is set to come on the back of a faster than expected recovery in oil prices
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Business
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Economy
4/2/2021 5:20:34 PM
According to the World Bank, Egypt needs to mobilise its revenues through tapping into its unused assets and reconsidering its taxes system
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World
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Region
3/30/2021 10:01:41 AM
A government priority is to push through a debt law that would allow Kuwait to tap international markets to strengthen finances hit by low oil prices and the coronavirus pandemic
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Business
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Economy
3/29/2021 5:20:25 PM
Rising leverage could increase risks to financial stability and pose a challenge to policymakers in the post–COVID-19 phase, according to the report
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World
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Region
3/23/2021 9:01:00 PM
'We have a debt towards Libya and the Libyans for a decade of disorder,' said Macron, adding that regional stability would be impossible without peace in Libya.
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World
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Region
3/23/2021 5:42:27 PM
The lira slumped as much as 15% after the move, stocks dived and yields on government debt jumped, piling pressure on the credit-fuelled emerging economy which has been prone to booms and busts during Erdogan's 18 years in power
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Business
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Economy
3/15/2021 12:04:54 PM
The new financial strategy is meant to decrease public debt to GDP ratio to about 70 percent over the coming four years
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Egypt
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Politics
3/14/2021 11:45:00 PM
Governor of the CBE said that 320,000 farmers have had their debts written off, adding that these debts totaled around EGP 660 million
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Business
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Economy
3/11/2021 11:30:48 AM
Likewise, Egypt’s short-term external debt jumped by 9.8 percent to reach $12.3 billion in the same period, up from $11.2 by the end of December 2019
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World
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Region
3/8/2021 9:46:37 AM
Among the public firms edging towards life support are national carrier Tunisair and a phosphate giant that is one of Tunisia's top employers
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World
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Region
3/1/2021 4:55:03 PM
Kuwait is facing a liquidity squeeze because of a standoff between government and parliament over the public debt law
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World
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Region
2/21/2021 12:23:50 PM
The change aims to help Sudan overcome a crippling economic crisis during a fragile political transition, and access international debt relief following an International Monetary Fund monitoring programme
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World
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Africa
2/13/2021 2:12:39 PM
'Exacerbated by the effects of the COVID-19 pandemic, Ethiopia's structurally weak external balance sheet has deteriorated further, in our view,' S&P Global Ratings said
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