IMF loan
Egypt to receive $1.25 billion IMF loan
Business
July 14, 2017
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
June 7, 2017
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
May 30, 2017
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
May 18, 2017
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
May 14, 2017
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
April 29, 2017
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
March 30, 2017
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
March 16, 2017
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
February 25, 2017
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
February 4, 2017
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…