|
Business
-
Economy
11/7/2022 3:36:00 PM
In an exclusive interview, Kristalina Georgieva, the Managing Director of the International Monetray Fund (IMF), told Al-Ahram she is confident that Egypt’s commitment to fiscal prudence under the new IMF-backed programme will contribute to maintaining market confidence and ensuring that public debt-to-GDP is on a downward trajectory, thereby helping to create room to expand the social safety net for vulnerable groups.
|
|
COP27
-
Focus
10/31/2022 5:00:41 PM
Barbados Prime Minister Mia Amor Mottley spoke passionately to the United Nations General Assembly in September about the mounting debt many developing countries are shouldering and its increasing impact on their ability to thrive.
|
|
Business
-
Economy
10/30/2022 12:29:09 PM
On Thursday, the Egyptian government and the International Monetary Fund (IMF) announced reaching a staff-level agreement for a new loan to Egypt to address the repercussions of the Russian war on Ukraine.
|
|
World
-
International
10/24/2022 1:40:32 PM
China's economic growth picked up in the latest quarter but still was among the weakest in decades as the ruling Communist Party tries to reverse a slump while enforcing anti-virus controls and a crackdown on debt in its vast real estate industry.
|
|
Business
-
Economy
10/21/2022 4:02:00 PM
British government debt rose to the highest level in almost 60 years last month and retail sales slumped, underscoring the scale of the economic challenges facing whoever replaces Prime Minister Liz Truss after her administration imploded under the weight of its failed financial plan.
|
|
Al-Ahram Weekly
-
Opinion
10/20/2022 8:24:42 PM
Investment is desperately needed, but some investments are better than others.
|
|
Al-Ahram Weekly
-
Egypt
10/20/2022 10:54:00 AM
Egypt is anticipating its fourth loan from the International Monetary Fund in order to boost the economy, increase foreign-currency reserves, and cushion the effects of the global inflationary wave.
|
|
World
-
International
10/6/2022 10:43:51 AM
Fitch on Wednesday lowered the outlook for its credit rating for British government debt from stable to negative after new Prime Minister Liz Truss announced a crash program of debt-fueled tax cuts.
|
|
Al-Ahram Weekly
-
Egypt
9/20/2022 11:15:41 PM
Egypt’s national dialogue could work to improve the transparency and efficiency of the state budget
|
|
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.
|
|
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.
|
|
Business
-
Economy
8/21/2022 2:16:25 PM
President Abdel-Fattah El-Sisi directed Sunday to keep the national budget on a safe financial and economic path as well as draw up a medium-term strategy that aims at reducing the debt-to-GDP ratio.
|
|
Al-Ahram Weekly
-
Egypt
8/15/2022 2:15:00 PM
Al-Ahram Weekly interviews UN Climate Change High Level Champion for Egypt Mahmoud Mohieldin about efforts to ensure climate financing pledges pay more than lip service
|
|
War in Ukraine
-
Economy
8/11/2022 11:22:47 AM
Ukraine's lenders agreed to a pause for the payment of its $20 billion (19.4 billion euro) debt, as its economy has been severely impacted by Russia's invasion, the prime minister said.
|
|
World
-
Region
8/9/2022 11:40:48 AM
Tarek Younes was once solidly middle class and felt he helped contribute to society as an inspector in the Lebanese government's consumer protection agency. But the country's economic free-fall has eroded his income and civic pride.
|
|
World
-
Region
7/31/2022 10:22:39 AM
In bankrupt Lebanon, Khalil Mansour has to queue for hours every day just to buy bread for his family and some days he can't afford any.
|
|
Al-Ahram Weekly
-
Economy
7/22/2022 2:35:00 PM
Egypt’s external debt has reached new highs, but experts remain confident it is at sustainable levels.
|
|
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.
|
|
World
-
Region
7/3/2022 7:36:04 PM
Cash-strapped Sri Lanka on Sunday extended school closures for one week because there isn't enough fuel for teachers and parents to get children to classrooms, and the energy minister appealed to the country's expatriates to send money home through banks to finance new oil purchases.
|