International Monetary Fund
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…
Ukraine parliament approves anti-corruption court law in first reading
World
March 1, 2018
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
January 28, 2018
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
January 17, 2018
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
December 22, 2017
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
October 26, 2017
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
October 19, 2017
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…