International Monetary Fund

Venezuela issues new currency, amid hyperinflation and social turmoil
World

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

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

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

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…
Ukraine parliament approves anti-corruption court law in first reading
World

Ukraine parliament approves anti-corruption court law in first reading

The Ukrainian parliament on Thursday approved in the first reading a draft law to create an anti-corruption court, a step…
Sudanese ambassador to return to Egypt “very soon”: Egypt FM
Egypt

Sudanese ambassador to return to Egypt “very soon”: Egypt FM

Egypt’s Foreign Minister Sameh Shoukry declared that the Sudanese ambassador, who has been recalled to Sudan, will be returning to…
External debt is $79 bn, says Finance Minister after financial outlook improves
Business

External debt is $79 bn, says Finance Minister after financial outlook improves

Minister of Finance Amr al-Jarhi stated on Tuesday that Egypt’s external debt stood at $79 billion at the end of…
Egypt to receive third IMF loan installment within days: CBE source
Egypt

Egypt to receive third IMF loan installment within days: CBE source

A high-level source at the Central Bank of Egypt (CBE) said on Thursday that Egypt will receive the third installment…
Serbia’s pensioners rally against government austerity measures
World

Serbia’s pensioners rally against government austerity measures

Hundreds of Serbian pensioners rallied in Belgrade on Thursday to protest austerity measures introduced as part of a 1.2 billion…
Ukraine passes long-delayed health reforms praised by West
World

Ukraine passes long-delayed health reforms praised by West

Ukrainian lawmakers voted through a long-delayed overhaul of the health system on Thursday that the state’s Western backers say will…
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