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"International Monetary Fund"

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Business - Economy
8/1/2022 5:52:33 PM
The current negotiations between the Egyptian government and the International Monetary Fund (IMF) over a new loan are now taking a “serious turn,” Fakhri El-Fiqi, head of Egypt's House of Representatives' Budget Committee, said on Sunday evening.

World - International
7/31/2022 10:40:47 AM
Pakistan's powerful army chief has contacted Washington, seeking U.S. help in securing an early release of a crucial $1.7 billion installment from the International Monetary Fund to his country, struggling with a deepening economic crisis, Pakistani officials said Saturday.

Business - Economy
7/27/2022 6:42:27 PM
Talks between Egypt and the International Monetary Fund (IMF) on an Egyptian request for a new loan have achieved "great progress," and the government is still working to resolve disputed points with the international lender, Minister of Finance Mohamed Maait told Al-Arabiya on Wednesday.

World - Region
7/26/2022 11:46:14 PM
Lebanon's parliament on Tuesday passed long-awaited amendments to the banking secrecy law to unlock a potential $3 billion financial assistance package from the International Monetary Fund (IMF), Al-Jadeed local TV channel reported.

Business - Economy
7/26/2022 6:10:21 PM
The International Monetary Fund (IMF) has maintained its projections for Egypt’s real GDP growth in 2022 at 5.9 percent, while revising it down to 4.8 percent in 2023, said Petya Koeva Brooks the Deputy Director of the Research Department at the IMF.

Business - Economy
7/26/2022 3:17:31 PM
The International Monetary Fund (IMF) downgraded global real GDP growth for the second time since the outbreak of the Russian-Ukrainian War to 3.2 percent, down from the 3.6 percent it projected in April and 6.1 percent it expected in 2021.

World - International
7/10/2022 3:42:41 PM
Sri Lanka's prime minister said late last month that the island nation's debt-laden economy had ``collapsed'' as it runs out of money to pay for food and fuel. Short of cash to pay for imports of such necessities and already defaulting on its debt, it is seeking help from neighboring India and China and from the International Monetary Fund.

Business - Economy
7/8/2022 10:08:00 PM
The International Monetary Fund (IMF) concluded on Thursday a staff-level mission to Egypt – through a team led by IMF mission chief for Egypt Celine Allard – to discuss a new loan programme with Egypt, the Fund announced on Friday.

Business - Economy
7/7/2022 4:45:02 PM
Tax revenue as a share of GDP in the Middle East region remains relatively low despite progress broadening tax bases in many of its countries, according to a report the International Monetary Fund (IMF) released on Thursday.

World - 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.

Business - 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.

World - 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.

World - 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.

World - 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.

World - 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.

World - International
5/29/2022 10:34:16 PM
Police fired tear gas to disperse thousands of students trying to storm the Sri Lankan president's home Sunday as the government offered an olive branch to demonstrators demanding his resignation.

Business - 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.

Business - 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.

Al-Ahram Weekly - Economy
4/30/2022 4:08:00 PM
Director of the Middle East and Central Asia Department at the International Monetary Fund Jihad Azour discusses the findings of the World Regional Economic Outlook report for the Middle East and North Africa (MENA) region.

Business - 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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