economic reform

IMF delegation to review Egypt’s austerity program within days
Egypt

IMF delegation to review Egypt’s austerity program within days

Egypt's Deputy Finance Minister Ahmed Kouchouk said that a mission from the International Monetary Fund (IMF) expects to visit Cairo…
IMF chief praises economic reform progress in Egypt
Business

IMF chief praises economic reform progress in Egypt

President Abdel Fattah al-Sisi met with Christine Lagarde, Managing Director of the International Monetary Fund, on Wednesday while on an official visit in Washington.
IMF delegation to review Egypt’s austerity program in April visit
Egypt

IMF delegation to review Egypt’s austerity program in April visit

An International Monetary Fund mission will visit Cairo from April 28 to May 8 to review Egypt's economic reform program…
Egypt prepares for IMF’s quarterly review of its austerity program
Egypt

Egypt prepares for IMF’s quarterly review of its austerity program

The Egyptian government undertook several preparations to receive the mission of the International Monetary Fund (IMF), tasked with reviewing the…
IMF to review Egypt’s economic reforms progress before second loan tranche
Business

IMF to review Egypt’s economic reforms progress before second loan tranche

A delegation from the International Monetary Fund (IMF) started meetings in Cairo with ministers of the economic group of the…
Saudi prince readies strategy if clerics oppose reforms: report
Middle East

Saudi prince readies strategy if clerics oppose reforms: report

The young prince leading Saudi Arabia's drive for economic reform has laid out a three-pronged strategy to avoid a backlash…
IMF board approves Egypt’s $12 billion loan agreement, $2.75 billion disbursed
Egypt

IMF board approves Egypt’s $12 billion loan agreement, $2.75 billion disbursed

Egypt won International Monetary Fund approval on Friday for a three-year, $12 billion bailout program aimed at reviving a struggling…
Egypt to submit letter of intent to IMF within three days -fin min quoted
Business

Egypt to submit letter of intent to IMF within three days -fin min quoted

Egypt will submit within two or three days a letter of intent to the International Monetary Fund for a $12…
From float to subsidy cuts, Egypt says no time to delay reforms
Egypt

From float to subsidy cuts, Egypt says no time to delay reforms

A day after dramatically ditching its currency peg and hiking fuel prices, Egypt's government scrambled to assure people angered by…
Egypt’s Sisi says military economy just 1-1.5% of GDP
Business

Egypt’s Sisi says military economy just 1-1.5% of GDP

The Egyptian military's economic activities are equivalent to just 1 to 1.5 percent of GDP and not more than 20…
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