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World
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International
7/5/2022 10:46:01 AM
Sri Lanka's negotiations with the International Monetary Fund are more complex and difficult than in the past because it is a bankrupt nation, the country's prime minister said Tuesday.
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Business
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Economy
6/23/2022 5:16:50 PM
A new Egypt deal with the International Monetary Fund (IMF) could be under the Extended Fund Facility (EFF) for four years, but a programme under the Stand-by Arrangement (SBA) and the Financial Programming and Policies are also on the table, Egypt’s Minister of Finance Mohamed Maait told Bloomberg TV.
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World
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Africa
6/23/2022 2:57:54 PM
The International Monetary Fund's board said Wednesday it has released nearly $216 million for Senegal after a review of its aid programs for the West African country.
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World
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Region
6/23/2022 1:54:37 PM
The head of Tunisia's powerful UGTT trade union confederation on Thursday rejected conditions set by the International Monetary Fund for a new loan to bail out the country's struggling economy.
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World
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Region
6/21/2022 9:52:44 PM
Tunisian President Kais Saied on Tuesday urged the International Monetary Fund to take into account the social impact of any economic reforms it may demand as part of a bailout package.
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World
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International
6/20/2022 11:32:19 AM
Sri Lanka closed schools and halted all non-essential government services on Monday, beginning a two-week shutdown to conserve fast-depleting fuel reserves as the International Monetary Fund opened talks with Colombo on a possible bailout.
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World
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Region
6/14/2022 8:44:06 PM
Gulf monarchy Bahrain has issued a royal decree ordering 17 cabinet changes including a new oil minister in its biggest reshuffle and first for 20 years, officials said.
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Business
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Economy
5/26/2022 1:20:14 PM
The Governor of the Central Bank of Egypt Tarek Amer is set to chair the World Bank Group (WBG) and the International Monetary Fund's (IMF) annual meetings, which are scheduled to be held in October, the World Bank announced on Thursday.
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Business
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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.
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World
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Region
5/1/2022 5:39:00 PM
Pakistan and Saudi Arabia on Sunday said they would discuss extending the terms of a $3 billion loan to help Islamabad's faltering economy.
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Business
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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.
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Business
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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.
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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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World
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International
4/20/2022 2:55:14 PM
Police enforced a curfew on Wednesday in a Sri Lankan town where an anti-government demonstrator was killed, a death that triggered international condemnation just as the crisis-hit country seeks an IMF bailout.
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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 4:36:01 PM
Emerging markets are expected to lose 30 percent of capital inflows, up from 20 percent projected in October, driven by the Russian war in Ukraine, the IMF said on Tuesday.
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