International Monetary Fund (IMF)

IMF eases support package conditions for Egypt
Business

IMF eases support package conditions for Egypt

The International Monetary Fund (IMF) announced in a review that it has eased several conditions in its eight billion dollar…
IMF lauds improved Egyptian economy, allows immediate draw of $820mn
Egypt

IMF lauds improved Egyptian economy, allows immediate draw of $820mn

The Executive Board of the International Monetary Fund (IMF) has completed the third review of Egypt’s Extended Fund Facility (EFF)…
Egypt amongst top 10 countries borrowing the most from the International Monetary Fund
Economy

Egypt amongst top 10 countries borrowing the most from the International Monetary Fund

The main stated goal of the International Monetary Fund (IMF) is to help countries overcome their economic problems and to…
US dollar exchange rate against the Egyptian pound on Friday
Business

US dollar exchange rate against the Egyptian pound on Friday

The exchange rate of the US dollar against the Egyptian pound stabilized on Friday after the last decline recorded on…
IMF, Egypt reaches staff level agreement worth US$820 million
Business

IMF, Egypt reaches staff level agreement worth US$820 million

The International Monetary Fund (IMF) announced on Thursday that it reached a staff level agreement with Egyptian authorities on a…
New report from IMF affirms Egypt’s continued commitment to reform program
Egypt

New report from IMF affirms Egypt’s continued commitment to reform program

The International Monetary Fund (IMF) confirmed that Egypt remains committed to continuing its economic reform program. The IMF added in…
Egypt participates in launching financing platform between 10 international banks
Business

Egypt participates in launching financing platform between 10 international banks

Minister of International Cooperation and Governor of Egypt at the World Bank Group, Rania al-Mashat, participated in the launch of…
IMF director: We are committed to supporting Egypt
Business

IMF director: We are committed to supporting Egypt

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said the fund remains committed to supporting Egypt in going…
Egypt expects $1 billion from the World Bank to support the budget within two months
Business

Egypt expects $1 billion from the World Bank to support the budget within two months

Egypt expects to receive dedicated budget support of around $1 billion from the World Bank during the first half of…
Egypt among three Arab countries on the list of largest economies in Africa in 2024: IMF
Economy

Egypt among three Arab countries on the list of largest economies in Africa in 2024: IMF

Three Arab countries – Egypt, Algeria, and Morocco – are among the top ten largest economies in Africa in 2024,…
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