International Monetary Fund (IMF)
IMF says it’s encouraged by Gulf’s economic reform plans
Business
April 25, 2016
IMF says it’s encouraged by Gulf’s economic reform plans
The International Monetary Fund said it was encouraged by the efforts of Saudi Arabia and other Gulf Arab oil exporters…
Lenders ask Greece to prepare contingency package of extra reforms
Business
April 22, 2016
Lenders ask Greece to prepare contingency package of extra reforms
International lenders asked Greece on Friday to prepare a package of additional savings measures which would be passed into law…
Lenders eye start of Greek debt relief talks at IMF meetings in mid-April
Business
April 18, 2016
Lenders eye start of Greek debt relief talks at IMF meetings in mid-April
Euro zone finance ministers are likely to start discussing debt relief for Greece on the sidelines of the IMF's spring…
Egypt delays international bond issuance, is not in talks with IMF
Business
April 17, 2016
Egypt delays international bond issuance, is not in talks with IMF
Egypt will delay an international bond issuance until at least the first half of fiscal year 2016/17 and has not…
Commodity slump pushes Africa back into IMF’s embrace
Business
April 16, 2016
Commodity slump pushes Africa back into IMF’s embrace
Falling commodity prices have pushed several African countries back into the embrace of the International Monetary Fund, which has an…
Sahar Nasr to represent Egypt at 5 international institutions
Egypt
March 7, 2016
Sahar Nasr to represent Egypt at 5 international institutions
Prime Minister Sherif Ismail issued a decision on Monday appointing International Cooperation Minister Sahar Nasr as Egypt’s representative at five…
Egypt succeeds in significantly decreasing budget deficit
Business
September 18, 2015
Egypt succeeds in significantly decreasing budget deficit
Egypt has succeeded in significantly lowering the budget deficit due to the adopted economic reform polices, especially in the taxes…
Newspaper: Govt close to IMF loan
Business
July 6, 2015
Newspaper: Govt close to IMF loan
The Egyptian government is nearing a deal with the International Monetary Fund for a financial loan that Egypt hopes would…
Egypt denied new loans due to misusing previous ones
Business
June 25, 2015
Egypt denied new loans due to misusing previous ones
Egypt has been denied fresh loans by international lenders, due to failing to employ past loans for the use of…
Government officials: Greece tapped reserves at IMF to make debt repayment
World
May 12, 2015
Government officials: Greece tapped reserves at IMF to make debt repayment
Greece tapped emergency reserves in its holding account at the International Monetary Fund to make a crucial 750 million euro…