IMF loan

Egypt to receive $1.25 billion IMF loan
Business

Egypt to receive $1.25 billion IMF loan

Egypt is to receive a second loan installment worth $1.25 billion from the International Monetary Fund on Thursday night or…
Deutsche Bank projects Egypt inflation down to 20% by end of 2017
Economy

Deutsche Bank projects Egypt inflation down to 20% by end of 2017

Deutsche Bank projected on Monday that Egypt’s inflation will decline to approximately 20% by the end of 2017 – a…
Govt approves 15% pensions increase to contain soaring prices
Egypt

Govt approves 15% pensions increase to contain soaring prices

Egypt’s Cabinet approved on Monday an additional package of LE43 billion for social security, which included an LE20 billion increase…
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
Economy

IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation

The International Monetary Fund is encouraged by Egypt’s efforts to remove fuel subsidies within three years and push inflation down…
Egypt says IMF praises reform program after delegation visit
Egypt

Egypt says IMF praises reform program after delegation visit

The International Monetary Fund’s mission concluded its visit to Cairo on Sunday during which the Fund conducted the first review…
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…
Moody’s sees Egypt’s economy growing but reforms slipping
Business

Moody’s sees Egypt’s economy growing but reforms slipping

The economic picture for Egypt is improving, ratings agency Moody's said on Wednesday, but a public backlash will likely lead…
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…
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