|
World
-
Region
10/12/2022 10:59:59 PM
The G7 and IMF pledged their steadfast financial support to Ukraine on Wednesday as the country reels from Russian missile strikes and needs billions of dollars in monthly aid.
|
|
Al-Ahram Weekly
-
Egypt
10/12/2022 11:13:00 AM
The Central Bank of Egypt is taking measures to support the Egyptian pound as inflation continues to rise
|
|
Business
-
Economy
10/11/2022 7:50:00 PM
Global growth is expected to slow further next year, the IMF said Tuesday, downgrading its forecasts as countries grapple with the fallout from Russia's invasion of Ukraine, spiraling cost-of-living and economic downturns.
|
|
Business
-
Economy
10/11/2022 4:44:46 PM
The International Monetary Fund (IMF) has revised its projections for Egypt’s real GDP growth in 2022 to 6.6 percent up from 5.9 percent it had expected in July, but lowered it for 2023 to 4.4 percent down from 4.8 percent, according to its World Economic Outlook report released on Tuesday.
|
|
Business
-
Economy
10/4/2022 11:24:05 PM
The International Monetary Fund (IMF)'s managing director Kristalina Georgieva said a final agreement with Egypt about a new loan could possibly be reached within weeks.
|
|
Business
-
Economy
9/28/2022 2:51:00 PM
The Egyptian pound plunged to a new low against the US dollar on Wednesday amid a shortage in foreign currency in the country.
|
|
World
-
Region
9/21/2022 9:11:02 PM
The International Monetary Fund on Wednesday condemned Lebanon's "very slow" progress on implementing reforms needed to unlock a $3-billion-dollar loan crucial to revive its battered economy.
|
|
Al-Ahram Weekly
-
Economy
9/20/2022 9:58:33 PM
Doaa A. Moneim examines prospects for a new hike in interest rates
|
|
Business
-
Economy
9/5/2022 3:38:13 PM
The Central Bank of Egypt (CBE) sold 91-day-maturity treasury bills (T-bills) on Sunday at a total of EGP 61.8 billion, the highest value for short-term T-bills sales since the beginning of 2022, surpassing the CBE’s target.
|
|
Business
-
Economy
9/4/2022 11:05:14 PM
Recent meetings of the Egyptian Cabinet with new Governor of the Central Bank of Egypt (CBE) Hassan Abdallah focused on acquiring funding for strategic and basic goods as well as production materials for factories, Prime Minister Mostafa Madbouly said on Sunday.
|
|
Business
-
Economy
9/1/2022 11:08:00 PM
Since the onset of the war in Ukraine in March, the Egyptian pound has been devalued by over 20 percent against the US dollar, reaching the highest level of inflation since the implementation of the IMF-backed economic reform programme in late 2016.
|
|
World
-
International
9/1/2022 11:06:25 AM
Bankrupt Sri Lanka will receive a conditional $2.9 billion bailout to repair its battered finances, the International Monetary Fund said Thursday, following a bruising economic crisis that saw the island nation's president chased from the country.
|
|
Al-Ahram Weekly
-
Egypt
8/31/2022 9:54:00 AM
Finance Minister Mohamed Maait slams foreign reports which claim Egypt is facing a financial crisis, reports Al-Ahram Weekly.
|
|
Business
-
Economy
8/29/2022 10:31:13 PM
Egypt has pledged to the International Monetary Fund (IMF) to attain the overall budget deficit at six percent of GDP and to raise the initial surplus by 1.6 percent in FY 2022/2023, Minister of Finance Mohamed Maait said on Monday.
|
|
Al-Ahram Weekly
-
Opinion
8/28/2022 10:05:45 PM
With his term due to end in November 2023, the resignation of Central Bank of Egypt (CBE) governor Tarek Amer has taken everyone by surprise.
|
|
Egypt
-
Foreign Affairs
8/26/2022 2:44:51 PM
Prime Minister Mostafa Madbouly offered assurances to the public on Thursday that the International Monetary Fund (IMF) "is not coercing us into taking any measures that might affect the Egyptian citizen," amid the ongoing negotiations for a new loan deal.
|
|
Business
-
Economy
8/22/2022 6:58:18 PM
Prime Minister Mostafa Madbouly said on Monday that the country is in the final arrangements stage with the International Monetary Fund (IMF) to conclude a new loan deal.
|
|
Al-Ahram Weekly
-
Egypt
8/19/2022 12:07:00 PM
The government is determined to engineer an improvement in Egypt’s ailing public finances, writes Al-Ahram Weekly
|
|
Egypt
-
Politics
8/18/2022 11:24:56 PM
In a meeting with Executive Director at the International Monetary Fund (IMF) Mahmoud Mohieldin and newly-appoint acting governor of the Central Bank of Egypt Hassan Abdallah, Egypt’s Prime Minister Mostafa Madbouly said that the main priorities of the government currently are to guarantee the stability of the economy and reduce the negative impact of the global economic crisis.
|
|
Business
-
Economy
8/17/2022 6:47:59 PM
After a term of seven years, Governor of the Central Bank of Egypt (CBE) Tarek Amer resigned from his position on Wednesday, just one day before the scheduled meeting of the CBE’s Monetary Policy Committee (MPC).
|