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Business
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Economy
8/23/2021 6:56:57 PM
On 3 August, the IMF’s board of governors approved the allocation with the aim of boosting global liquidity amid the ongoing COVID-19 crisis and helping the recovery process in the IMF’s member countries
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World
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International
8/19/2021 11:51:53 AM
Resources of over $370m (£268m) from the IMF had been set to arrive on 23 August
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Business
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Economy
8/4/2021 8:54:00 PM
In June, the International Monetary Fund (IMF) approved the final review for Egypt’s stand-by arrangement (SBA) programme, through which Egypt secured a loan of $5.4 billion to enhance its second wave of economic reforms
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Business
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Economy
8/3/2021 12:01:53 PM
The approved allocation is expected to go into effect on 23 August 2021, and it will be credited to the IMF’s member countries in proportion to their existing quotas in the fund
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Al-Ahram Weekly
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Economy
7/30/2021 2:55:00 PM
Egypt’s economy has been doing well despite the coronavirus pandemic and should continue on the same path
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Al-Ahram Weekly
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Economy
7/27/2021 10:04:35 PM
Head of the World Economic Studies Division at the IMF Research Department Malhar Nabar explains the findings of its World Economic Outlook report to Al-Ahram Weekly
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Business
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Economy
7/27/2021 3:16:43 PM
During July, the IMF expected Egypt's real GDP growth to increase by 5.2% in FY2021/2022 – up from 2.8% in FY2020/21 – before rebounding slightly in FY2022/23 to reach 5.6%, which is the same percentage recorded in FY2019/20
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Business
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Economy
7/26/2021 4:57:39 PM
The IMF is scheduled to release its updated report on the global economic outlook on Tuesday
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Business
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Economy
7/25/2021 4:42:41 PM
The IMF is expected to release its updated report on the world's economic outlook on Thursday, which sheds light on the global economy's performance under the pressure of COVID-19
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Business
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Economy
7/23/2021 7:58:00 PM
Egypt maintained its economic stability, debt sustainability, and investor confidence, read the IMF report
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Business
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Economy
7/11/2021 10:48:00 AM
Georgieva stressed that COVID-19 still the key risk the world is facing, particularly with the dangerous wave of a highly transmissible variant that making its way across the globe at the present.
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Business
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Economy
7/1/2021 2:44:27 PM
The call was made through a joint statement released by the four institutions following their first meeting of the Task Force on COVID-19 Vaccines, Therapeutics, and Diagnostics for Developing Countries.
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World
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Africa
6/30/2021 9:08:32 PM
Sudan's joint military-civilian government has taken a series of bold steps to try to revive a battered and distorted economy where smuggling is rife
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Business
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Economy
6/29/2021 11:34:34 PM
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Business
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Economy
6/28/2021 8:17:13 PM
Allard stressed that Egypt needs to continue setting a balance between maintaining its recovery efforts and preserving its financial stability.
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Business
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Economy
6/27/2021 1:39:19 PM
The IMF said that the new allocation is the largest issuance in the fund’s history aimed at helping its membership, especially the most vulnerable, to overcome the pandemic crisis.
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Business
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6/24/2021 11:52:47 AM
The IMF stressed it will remain closely engaged with the Egyptian authorities and continue supporting the country’s reform agenda
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Business
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Economy
6/23/2021 8:18:00 PM
The SBA loan has helped Egypt replenish its international reserves that were severely hit by the pandemic, declining to $36 billion in March, down from $45.5 billion by the end of February 2020
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Business
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Economy
6/23/2021 3:10:41 PM
Georgieva said that Africa is already falling behind in terms of growth prospects, adding that the IMF expects the global economy to grow by 6 percent, but only half that — 3.2 percent — in Africa
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Business
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Economy
6/22/2021 12:03:28 PM
The modifications increased the annual and cumulative access limits of obtaining finances and loans under the LND windows of the RCF and RFI by 50 percent of the quota
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