IMF

PM says greatly appreciates cooperation with IMF
Egypt

PM says greatly appreciates cooperation with IMF

Prime Minister Moustafa Madbouly greatly appreciated cooperation between Egypt and the International Monetary Fund (IMF), stressing that his government is…
IMF determines agreement with Egypt regarding tranches of existing loan and additional financing
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IMF determines agreement with Egypt regarding tranches of existing loan and additional financing

The Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF), Jihad Azour, said that…
Egypt, IMF agreement on new loan might be accompanied with Egyptian pound devaluation
Business

Egypt, IMF agreement on new loan might be accompanied with Egyptian pound devaluation

Capital Economics, an independent economic research business based in the UK, noted that Egypt’s agreement with the International Monetary Fund…
Egyptian pound to be devalued in September/October: Morgan Stanley
Business

Egyptian pound to be devalued in September/October: Morgan Stanley

US investment bank Morgan Stanley anticipates that the Egyptian pound’s exchange rate against foreign currencies will further decline during September…
IMF remarks on Egypt’s economy remain positive despite challenges: FEDCOC
Business

IMF remarks on Egypt’s economy remain positive despite challenges: FEDCOC

The treasurer of the Federation of Egyptian Chambers of Commerce (FEDCOC), Mohamed al-Fayoumi, said on Monday that the recent statements…
World Bank to finance Egypt with $7 bln over 6 years
Business

World Bank to finance Egypt with $7 bln over 6 years

The World Banks latest program within a framework of cooperation with Egypt is for the disbursement of US$7 billion to…
IMF agree on $15.6 billion loan package to Ukraine
World

IMF agree on $15.6 billion loan package to Ukraine

The International Monetary Fund (IMF) has agreed to supply Ukraine with a $15.6 billion loan to help stave off financial…
Global economic outlook slightly ‘less gloomy,’ Europe ekes out growth
World

Global economic outlook slightly ‘less gloomy,’ Europe ekes out growth

London CNN  —  The global economy will weaken this year as rising interest rates and Russia’s war in Ukraine continue…
IMF asks Egypt to limit army’s interference in the economy
Business

IMF asks Egypt to limit army’s interference in the economy

The International Monetary Fund asked Egypt to reduce the army’s interference in the economy, according to a rescue plan agreed…
Egypt obtains IMF loan worth $3 bln
Economy

Egypt obtains IMF loan worth $3 bln

The head of the International Monetary Fund (IMF) mission to Egypt announced in a press conference, on Thursday, held with…
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