IMF

Brazil wants BRICS united in World Bank choice
World

Brazil wants BRICS united in World Bank choice

BRASILIA - Brazil wants emerging economic powers to rally around a single candidate to lead the World Bank as developing…
FJP demands details from cabinet on IMF loan plan
Egypt

FJP demands details from cabinet on IMF loan plan

The Freedom and Justice Party still rejects a proposed US$3.2 billion loan from the International Monetary Fund, since the government…
Presidential hopeful Khaled Ali pledges to reform public sector
Egypt

Presidential hopeful Khaled Ali pledges to reform public sector

Presidential hopeful Khaled Ali has called for the need to reform the management of the public sector, while promising to…
IMF says talks in Egypt were ‘productive’
Business

IMF says talks in Egypt were ‘productive’

The International Monetary Fund said Thursday an IMF team had fruitful talks with authorities in Egypt this week that could…
Advocacy group rejects government’s IMF-pleasing reform plan
Business

Advocacy group rejects government’s IMF-pleasing reform plan

A coalition of economists, activists and academics are condemning the government’s economic reform plan put forward by the Ministry of…
FJP says cabinet has not discussed IMF loan with Parliament
Egypt

FJP says cabinet has not discussed IMF loan with Parliament

The Freedom and Justice Party has not yet decided its stance on a potential US$3.2 billion IMF loan, the party said Saturday,…
Stock market recovers as political tension eases, IMF team plans visit for next week
Business

Stock market recovers as political tension eases, IMF team plans visit for next week

Egyptian stocks rallied on Wednesday after their biggest losing streak in months created fresh buying opportunities. The stock exchange had…
US says it wants to engage with Egypt’s judiciary over NGOs issue
Egypt

US says it wants to engage with Egypt’s judiciary over NGOs issue

The US reiterated that it backs International Monetary Fund efforts to aid Egypt with more than US$3 billion, saying that…
Government to officially sign IMF loan agreement in March
Business

Government to officially sign IMF loan agreement in March

The government has officially agreed to sign a deal with the International Monetary Fund for a loan worth US$3.2 billion…
Egypt’s unemployment rate rises to 12.4%
Business

Egypt’s unemployment rate rises to 12.4%

Egypt's fourth quarter unemployment rate rose by two percentage points from the previous quarter, the government’s statistics office said on…
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