International Monetary Fund
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
Economy
May 18, 2017
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
The International Monetary Fund is encouraged by Egypt’s efforts to remove fuel subsidies within three years and push inflation down…
IMF says more reforms still needed by Mideast oil exporters
Middle East
May 2, 2017
IMF says more reforms still needed by Mideast oil exporters
The International Monetary Fund said on Tuesday oil exporting countries in the Middle East continue to have the world's largest…
IMF chief praises economic reform progress in Egypt
Business
April 6, 2017
IMF chief praises economic reform progress in Egypt
President Abdel Fattah al-Sisi met with Christine Lagarde, Managing Director of the International Monetary Fund, on Wednesday while on an official visit in Washington.
Egypt targeting US$9 billion in foreign financing in FY 2017/18
Business
March 22, 2017
Egypt targeting US$9 billion in foreign financing in FY 2017/18
Egypt is targeting US$9 billion in foreign financing in the 2017/18 fiscal year, Deputy Finance Minister Ahmed Kouchouk told Reuters…
Egypt on track to receive IMF loan’s second tranche
Egypt
March 20, 2017
Egypt on track to receive IMF loan’s second tranche
Egypt is on track to receive the second tranche of a US$12 billion three-year loan from the International Monetary Fund…
IMF delegation to review Egypt’s austerity program in April visit
Egypt
March 16, 2017
IMF delegation to review Egypt’s austerity program in April visit
An International Monetary Fund mission will visit Cairo from April 28 to May 8 to review Egypt's economic reform program…
Egypt’s economic reforms have effect on macroeconomics: World Bank official
Business
March 13, 2017
Egypt’s economic reforms have effect on macroeconomics: World Bank official
The recent economic reforms applied by the Egyptian government have an important effect on the macroeconomic package, in addition to…
Egypt’s economic transition could be ‘coming to a close’: IMF’S Lagarde
Business
February 14, 2017
Egypt’s economic transition could be ‘coming to a close’: IMF’S Lagarde
Egypt is making good progress in its economic reform program and the recent developments might be an indicator that the…
IMF’s Christine Lagarde found guilty in French tycoon payout deal
Business
December 19, 2016
IMF’s Christine Lagarde found guilty in French tycoon payout deal
French judges on Monday reached a decision in the trial of IMF head Lagarde for negligence over a massive state payout…
IMF chief to recommend $12 bn Egypt loan approval
Egypt
November 9, 2016
IMF chief to recommend $12 bn Egypt loan approval
IMF chief Christine Lagarde said Tuesday she will recommend the institution approve a US$12 billion loan for Egypt when the…