International Monetary Fund

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…
Egypt budget deficit down to 8 pct of GDP in first nine months of 2016-17
Economy

Egypt budget deficit down to 8 pct of GDP in first nine months of 2016-17

Egypt’s budget deficit for the first nine months of the 2016-17 fiscal year ending in June dipped to 8 percent…
Urging reforms, Poroshenko says Ukraine can’t cope without IMF
World

Urging reforms, Poroshenko says Ukraine can’t cope without IMF

President Petro Poroshenko said on Thursday that Ukraine would be extremely vulnerable if it failed to stick with its IMF…
Egypt increases cost of water by up to 50%
Egypt

Egypt increases cost of water by up to 50%

Egypt’s Prime Minister Sherif Ismail signed off on Wednesday to raise drinking water and sewage fees starting August by as…
Deutsche Bank projects Egypt inflation down to 20% by end of 2017
Economy

Deutsche Bank projects Egypt inflation down to 20% by end of 2017

Deutsche Bank projected on Monday that Egypt’s inflation will decline to approximately 20% by the end of 2017 – a…
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