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Doaa A.Moneim's Articles
Minister of Petroleum Tarek El-Molla revealed that Egypt is planning to receive $8 to $10 billion in investments till the end of 2021

The CBE expected Egypt’s gradual recovery to start from FY2021/22, with a pickup in tourism from the supply side and private domestic demand from the demand side, alongside a gradual dissemination of vaccines

We project Egypt to attain seven percent overall budget deficit and 1.8 percent primary surplus in FY2021/22, which starts in July, said Gatti

'We expect a gradual improvement in Egypt’s economic growth during FY2021/2022 at 2.5 percent, and at 5.7 percent in FY2022/2023,' says the IMF's director of the Middle East and Central Asia Department

Gopinath made the comments in response to a question from Ahram Online on the expected consequences of the likely interest rate rise on the region’s economies

Nabar said that $1.9 trillion support package is expected to boost the level of US GDP by about five percent over 2021-2023 with significant spill overs to the rest of the world

Matsunaga said that Egypt has been successful in dealing with the COVID-19 pandemic, and has been ranked first in Africa and third in the Middle East

Paymob said in a statement that it will use the proceeds to continue expanding its merchant network, meet the increasing demand, enhance its suite of products further, and fuel its regional expansion efforts.

CBE inflation calculations show that the annual headline inflation rate remained stable at 4.5% in March 2021

Adrian added that policy makers in such markets, including Egypt, have to provide a kind of framework that includes instruments to secure the required liquidity for SMEs

Malpass said that green investments and zero-carbon projects will help developing countries, including Egypt, boost their economic growth through these investments revenues, and thus contribute in curbing elevating debt

The IMF managing director says faster progress in ending the health crisis caused by the COVID-19 pandemic could add almost $9 trillion to global GDP by 2025

On the banking system, Egyptian banks face asset-quality deterioration and continued pressure on profitability through 2021 driven by the economic fallout from the pandemic, according to the report

Mauro told Ahram Online that the Egyptian authorities appropriately relaxed the fiscal stance to address the crisis, announcing a comprehensive and targeted stimulus package in March 2020

The IMF also approved new loan resources worth $24 billion for the poverty reduction and growth trust instruments as well as pledging $773 billion as extra grants to the CCRT instrument, according to the policy agenda.

Egypt’s government's gross debt reached its highest in 2017 to post 103 percent of GDP, but it started to decline as of 2018, reaching 92.5 percent and 84.2 percent in 2019 before increasing in 2020 as a result of the pandemic

Maait unveiled that total tax revenues went up by 13.5 percent, at the end of the third quarter of FY2020/21, including the non-sovereign tax revenues that increased with EGP 43.1 billion (grew by 10.4 percent)

Matsunaga made his comments during his meeting on Tuesday with Egypt’s Minister of International Cooperation Rania Al-Mashat, on his first official visit to Egypt

According to the report, the currencies of major emerging markets have gained against the dollar since the last issue of the global financial stability report, released in October, but has faced notable turbulence in early 2021

Both sides acknowledged the achieved progress and the strength of the partnership between Egypt and Japan in the field of education

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