inflation
Egypt is now a ‘haven’ for debt investors: Bloomberg
Business
August 16, 2018
Egypt is now a ‘haven’ for debt investors: Bloomberg
Egypt has turned into a “haven” for debt investors in the region in the period since it floated its pound…
IMF director claims Egypt’s economy will improve ‘after 3 years’
Egypt
August 8, 2018
IMF director claims Egypt’s economy will improve ‘after 3 years’
Hazim al-Beblawi, Executive Director of the International Monetary Fund (IMF) and Egypt’s former Prime Minister, expects the economic situation in…
IMF urges Egypt to maintain tight monetary policy to ward off inflation
Business
July 3, 2018
IMF urges Egypt to maintain tight monetary policy to ward off inflation
Egypt should maintain tight monetary policy to contain the risk of inflation as a result of fuel and electricity…
Egypt targets 5.9% growth rate for 2019, exceeding IMF, World Bank projections
Business
April 19, 2018
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
April 19, 2018
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
April 18, 2018
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
April 10, 2018
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
February 20, 2018
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
February 6, 2018
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
February 5, 2018
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…