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Business
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Economy
9/13/2023 4:14:38 PM
The global debt to GDP ratio fell by 10 percent in 2022 to 238 percent from its 2021 level, yet total debt amounted to $235 trillion, $200 billion above the 2021 level, according to the International Monetary Fund on Wednesday.
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Business
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Economy
9/10/2023 12:58:00 PM
Egypt’s annual headline inflation hit a record high of 39.7 percent in August, up from 38.2 percent in July, according to figures released by the Central Agency for Public Mobilization and Statistics (CAPMAS) on Sunday.
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Business
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Economy
9/7/2023 10:49:08 PM
The US Treasury is pushing to increase funding for the International Monetary Fund by raising the quota obligations paid by member countries, a top official said Thursday.
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Business
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Economy
9/7/2023 9:50:35 PM
As the second review of the International Monetary Fund's (IMF) $3 billion loan agreement with Egypt draws nearer, many concerns are raised regarding the progress of the programme.
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Business
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Economy
9/7/2023 6:41:03 PM
The leaders of the International Monetary Fund and World Bank announced Thursday that the two institutions will collaborate more closely to tackle the "existential threat" posed by climate change.
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Al-Ahram Weekly
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Economy
9/2/2023 9:40:00 AM
In spite of the economic, fiscal, and financial reforms that the country has embarked on since signing the loan deal with the International Monetary Fund (IMF) in October last year, Egypt is still muddling through a myriad of economic challenges.
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Business
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Economy
8/29/2023 7:03:07 PM
Chancellor Olaf Scholz's government on Tuesday agreed a huge tax relief programme for companies in a bid to revive Germany's sputtering economy.
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World
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International
8/29/2023 5:51:36 PM
The United States is racing to improve its messaging to the developing world as the BRICS group grows, although few in Washington view an immediate threat from the Chinese-backed club.
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Business
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Economy
8/24/2023 3:49:04 PM
Global fossil fuel subsidies reached $7 trillion in 2022, or 7.1 percent of the global GDP, according to the International Monetary Fund (IMF).
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Business
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Economy
8/23/2023 7:29:36 PM
Four years into its historic economic meltdown, Lebanon’s political elites, masters at survival, are pushing for a recovery that would sidestep tough reforms demanded by the International Monetary Fund.
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World
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Region
8/22/2023 10:04:38 PM
US President Joe Biden will urge reforms to the IMF and World Bank that will better serve developing country needs at the G20 summit in New Delhi next month, the White House said Tuesday.
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Business
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Economy
8/10/2023 1:05:00 PM
Egypt’s headline annual inflation rate kept its upturn in July 2023 to hit a new record level, jumping to 38.2 percent, up from 14.6 percent recorded in the same month of 2022, the Central Agency for Public Mobilization and Statistics (CAPMAS) announced on Thursday.
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World
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Region
8/2/2023 10:43:50 AM
Tunisian President Kais Saied sacked Prime Minister Najla Bouden without explanation Tuesday night and replaced her with former central bank executive Ahmed Hachani, whom he tasked with overcoming the "colossal challenges" facing the cash-strapped North African country.
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Business
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Economy
7/30/2023 2:44:23 PM
The International Monetary Fund (IMF) is expected to conduct its first and second reviews of the Egyptian economy for the $3 billion four-year loan programme between September and December 2023, according to a recent report by the US-based investment bank, Morgan Stanley.
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World
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Region
7/26/2023 1:08:34 PM
Western nations fear an economic collapse in Tunisia could trigger even greater migrant flows to Europe and have offered financial assistance.
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Business
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Economy
7/25/2023 6:56:27 PM
The International Monetary Fund (IMF) has raised its projections for Egypt’s inflation in 2023 and 2024 to 24.4 percent and 32 percent, respectively, up from 21.6 percent in 2023 and 18 percent in 2024 as projected in April, according to Deputy Director of the Research Department Petya Koeva Brooks.
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Business
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Economy
7/25/2023 5:25:24 PM
The International Monetary Fund has slightly upgraded its outlook for global growth this year on the back of resilient service sector activity in the first quarter and a strong labor market, the lender said Tuesday.
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Business
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Economy
7/13/2023 7:02:37 PM
The International Monetary Fund (IMF) has welcomed recently steps by the Egyptian government to push forward the Initial Public Offering (IPO) Programme, boosting the private sector and tackling its dollar shortage.
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Al-Ahram Weekly
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Egypt
7/11/2023 8:57:32 PM
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Business
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Economy
7/11/2023 6:19:28 PM
Saudi Arabia has deposited $2 billion into Pakistan's central bank, the government said Tuesday, a much-needed financial boost ahead of a critical meeting of the International Monetary Fund on the new bailout package for the cash-strapped South Asian country.
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