IMF loan
Egypt’s $12 bln IMF loan carries interest rate of 1.5-1.75 pct -fin min
Business
January 15, 2017
Egypt’s $12 bln IMF loan carries interest rate of 1.5-1.75 pct -fin min
Egypt's $12 billion three-year loan programme from the International Monetary Fund carries an interest rate of 1.5 to 1.75 percent,…
IMF’s Egypt loan shows extent and risks of its Middle East role
Egypt
November 14, 2016
IMF’s Egypt loan shows extent and risks of its Middle East role
On the morning after the election, Alia Ali had a sickening feeling as she headed to her job as a…
Egypt prepares for third year of reform after IMF loan
Egypt
November 13, 2016
Egypt prepares for third year of reform after IMF loan
Egypt's government began elaborating the details for the third year of the economic reform program, after it received the first…
IMF bailout for Egypt seeks major reduction in public debt
Business
November 12, 2016
IMF bailout for Egypt seeks major reduction in public debt
The International Monetary Fund said on Friday that its $12 billion bailout program for Egypt aims to reduce the country's…
IMF board approves Egypt’s $12 billion loan agreement, $2.75 billion disbursed
Egypt
November 12, 2016
IMF board approves Egypt’s $12 billion loan agreement, $2.75 billion disbursed
Egypt won International Monetary Fund approval on Friday for a three-year, $12 billion bailout program aimed at reviving a struggling…
Sisi meets state senior officials over economic measures
Egypt
November 7, 2016
Sisi meets state senior officials over economic measures
President Abdel Fattah al-Sisi held a meeting on Sunday with the Cabinet, the governor of the Central Bank of Egypt,…
Egypt to submit letter of intent to IMF within three days -fin min quoted
Business
November 7, 2016
Egypt to submit letter of intent to IMF within three days -fin min quoted
Egypt will submit within two or three days a letter of intent to the International Monetary Fund for a $12…
Egypt PM expects IMF deal to be signed within two months
Business
October 25, 2016
Egypt PM expects IMF deal to be signed within two months
Egypt hopes to receive final approval for its $12 billion International Monetary Fund lending program within two months, Prime Minister…
Cabinet to order more fuel-subsidy cuts as part of IMF plan: official
Egypt
October 19, 2016
Cabinet to order more fuel-subsidy cuts as part of IMF plan: official
The Cabinet is planning more cuts to fuel subsidies soon, in accordance to an agreement with the International Monetary Fund…
IMF chief foresees ‘prompt’ start of Egypt lending
Business
October 9, 2016
IMF chief foresees ‘prompt’ start of Egypt lending
Egypt may soon receive the first tranche of a crucial $12 billion aid package, the head of the International Monetary…