IMF

Minister: Egypt consulting with IMF over future cooperation
Business

Minister: Egypt consulting with IMF over future cooperation

Egypt’s Finance Minister Mohamed Maait announced Friday that there are consultations between Egypt and the International Monetary Fund (IMF) regarding…
G20 says worsening trade wars pose risk to world economy
World

G20 says worsening trade wars pose risk to world economy

The world’s top financial policymakers admitted Sunday that trade tensions had worsened, posing a risk for the global economy, after…
Electricity prices to increase in July: minister
Egypt

Electricity prices to increase in July: minister

The Minister of Electricity and Renewable Energy Mohamed Shaker revealed that the new increase in electricity prices, which will be…
Egypt’s Social Solidarity Minister, IMF discuss social protection programs
Egypt

Egypt’s Social Solidarity Minister, IMF discuss social protection programs

Egypt’s Minister of Social Solidarity Ghada Wali met with Assistant Director for the Middle East and Central Asia Department of…
Egypt expects IMF loan final tranche in July – deputy finance minister
Economy

Egypt expects IMF loan final tranche in July – deputy finance minister

CAIRO, May 7 (Reuters) – Egypt expects, in principle, to receive the final tranche of about $2 billion of its…
Egypt to slash fuel subsidies as it nears end of IMF program
Egypt

Egypt to slash fuel subsidies as it nears end of IMF program

CAIRO (Reuters) – Egypt will remove subsidies on most energy products by June 15, it told the International Monetary Fund…
IMF praises Egypt’s economic reform program, says all targets achieved
Business

IMF praises Egypt’s economic reform program, says all targets achieved

The International Monetary Fund (IMF) on Saturday praised Egypt’s remarkable macroeconomic improvement since the start of the economic reform program…
Egypt has undergone “difficult surgery” for economic reform: Finance Minister
Business

Egypt has undergone “difficult surgery” for economic reform: Finance Minister

The state has undergone a very difficult surgery to conduct it’s economic reform, leading to success in all sectors, Finance…
Ghost workers sap Tunisia’s phosphate wealth
Middle East

Ghost workers sap Tunisia’s phosphate wealth

METLAOUI, Tunisia – Tunisia’s state phosphate firm CPG pays Abdel-Basset Klifhi a salary of $280 a month, even though he…
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