International Monetary Fund (IMF)
IMF eases support package conditions for Egypt
Business
August 28, 2024
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
July 31, 2024
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
July 13, 2024
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
July 5, 2024
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
June 8, 2024
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
April 28, 2024
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
April 22, 2024
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
April 21, 2024
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
April 19, 2024
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
April 18, 2024
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,…