International Monetary Fund
Pakistan to seek IMF bailout despite $6 billion Saudi rescue
Middle East
October 24, 2018
Pakistan to seek IMF bailout despite $6 billion Saudi rescue
ISLAMABAD (Reuters) – Pakistan still plans to seek a bailout from the International Monetary Fund (IMF) despite a Saudi…
IMF to give Egypt new $3 billion grant: Investment Minister
Egypt
October 16, 2018
IMF to give Egypt new $3 billion grant: Investment Minister
The International Monetary Fund will grant Egypt US$3 billion, Investment Minister Sahar Nasr announced on Tuesday, based on an agreement…
Jordan reshuffles cabinet in bid to speed up IMF-guided reforms: officials
Middle East
October 11, 2018
Jordan reshuffles cabinet in bid to speed up IMF-guided reforms: officials
AMMAN (Reuters) – Jordan’s Prime Minister Omar al-Razzaz announced a cabinet reshuffle on Thursday, which officials said consolidated the…
Lebanon’s Berri cites ‘positive atmosphere’ over government: al-Manar
Middle East
October 10, 2018
Lebanon’s Berri cites ‘positive atmosphere’ over government: al-Manar
BEIRUT (Reuters) – Lebanese Parliament Speaker Nabih Berri said on Wednesday some saw “a positive, promising atmosphere” in talks…
US-China trade war sparks IMF global growth cut warning
World
October 9, 2018
US-China trade war sparks IMF global growth cut warning
The US-China trade war will hobble global growth, the International Monetary Fund warned Tuesday, cutting its forecast for this…
A year after US sanctions ended, Sudan’s economy unravels
Middle East
September 17, 2018
A year after US sanctions ended, Sudan’s economy unravels
KHARTOUM (Reuters) – For 22 years Mohamed Mahmoud deposited his law practice’s cash in a bank near his Khartoum…
Venezuela issues new currency, amid hyperinflation and social turmoil
World
August 23, 2018
Venezuela issues new currency, amid hyperinflation and social turmoil
(CNN) – Venezuela issued a new currency Monday in an attempt to bolster its crumbling economy as the International Monetary…
IMF continues to praise Egypt’s economic reforms in its third review
Economy
July 13, 2018
IMF continues to praise Egypt’s economic reforms in its third review
The International Monetary Fund (IMF) praised Egypt’s economic reforms during its third review of the country’s loan program on Thursday,…
Foreign reserves rise to $44.2 bn by end of June
Business
July 5, 2018
Foreign reserves rise to $44.2 bn by end of June
The Central Bank of Egypt (CBE)’s foreign cash reserves rose by $119 million in June to reach a total…
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…