inflation

Egypt targets 5.9% growth rate for 2019, exceeding IMF, World Bank projections
Business

Egypt targets 5.9% growth rate for 2019, exceeding IMF, World Bank projections

Egypt’s Minister of Planning Hala al-Saeed said that the government aims to reach growth rate of 5.9% in 2019. Saeed…
Egypt to receive $2 bn from IMF after 3rd review in May: minister
Economy

Egypt to receive $2 bn from IMF after 3rd review in May: minister

Egypt’s Finance Minister Amr al-Garhy said on Wednesday that the review of the International Monetary Fund’s (IMF) third installment to…
Egypt’s economic growth to reach 5.2% in 2018: IMF
Economy

Egypt’s economic growth to reach 5.2% in 2018: IMF

The International Monetary Fund (IMF) expects economic growth in Egypt to reach 5.2 percent in 2018 and 5.5 percent in 2019,…
Egypt’s annual urban inflation falls to 13.3% in March
Economy

Egypt’s annual urban inflation falls to 13.3% in March

The Central Agency for Public Mobilization and Statistics (CAPMAS) reported a decrease in the annual urban consumer price inflation by…
Underpaid Venezuelans skipping out on work to make ends meet
World

Underpaid Venezuelans skipping out on work to make ends meet

On many days, Ramon Medina has no choice but to skip work to make ends meet. Like around half of…
Egypt govt prepares for second phase of reform program to boost ailing economy
Economy

Egypt govt prepares for second phase of reform program to boost ailing economy

Egypt Prime Minister Sherif Ismail said on Monday that he met the Governor of the Central Bank of Egypt Tariq…
IMF expects no additional taxes in Egypt in 2018
Business

IMF expects no additional taxes in Egypt in 2018

IMF Director for the Middle East and Central Asia Department Jihad Azour predicts that no additional taxes will be implemented…
BBC International School reports indefinite closure after next semester, parents furious
Egypt

BBC International School reports indefinite closure after next semester, parents furious

BBC International School in Egypt has released a statement announcing that this school year will be their final one 32…
Egypt hikes 2017-18 economic growth forecast to 5.3-5.5 percent
Economy

Egypt hikes 2017-18 economic growth forecast to 5.3-5.5 percent

Egypt has revised up its economic growth forecast for fiscal 2017-18 that began in July to 5.3 to 5.5 percent…
Annual inflation rate declines by 0.2%, lowest since November 2015: CAPMAS
Egypt

Annual inflation rate declines by 0.2%, lowest since November 2015: CAPMAS

The Central Agency for Public Mobilization and Statistics (CAPMAS) stated on Wednesday that the annual inflation rate declined by 0.2…
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