International Monetary Fund (IMF)

Exclusive: Greece scrapes bottom of barrel in hunt for cash to stay afloat
World

Exclusive: Greece scrapes bottom of barrel in hunt for cash to stay afloat

Greece will need to tap all the remaining cash reserves across its public sector -- a total of 2 billion…
Greek economy minister sees deal with EU/IMF on reforms next week
World

Greek economy minister sees deal with EU/IMF on reforms next week

Greece should reach a deal with its eurozone partners and the International Monetary Fund next week on a package of…
IMF chief praises ‘rich tax’, 2 days after cancellation
Business

IMF chief praises ‘rich tax’, 2 days after cancellation

Egypt’s state news agency MENA quoted International Monetary Fund chief, Christine Lagarde, in an interview published on Thursday, as praising…
IMF chief to attend Egypt’s economic summit
Business

IMF chief to attend Egypt’s economic summit

International Monetary Fund (IMF) President Christine Lagarde will attend Egypt’s most-anticipated economic summit in March, an IMF spokesperson said to…
Finance minister: Egypt has no concrete plans for IMF package now
Egypt

Finance minister: Egypt has no concrete plans for IMF package now

 Egypt's finance minister said on Wednesday there were no plans for now to consider an IMF financing package after the…
Source: IMF urges central bank to unify currency exchange rates
Business

Source: IMF urges central bank to unify currency exchange rates

The International Monetary Fund has urged the Central Bank of Egypt to unify currency exchange rates at banks and exchange…
Egypt denies intention to borrow from IMF next year
Business

Egypt denies intention to borrow from IMF next year

The Egyptian government currently has no intention to borrow money from the International Monetary Fund, according to the minister of…
World Bank expects Egypt GDP growth to reach 5% in 4 years
Business

World Bank expects Egypt GDP growth to reach 5% in 4 years

The World Bank expects Egypt's GDP growth to reach 5 percent over the next four years, according to an interview…
Govt agrees with 9 local banks to promote planned projects for March economic summit
Business

Govt agrees with 9 local banks to promote planned projects for March economic summit

Nine local investment banks have agreed with the Egyptian government to be responsible for promoting the projects that the officials…
MF cuts Egypt’s growth forecast to 3.5% in 2014/15
Business

MF cuts Egypt’s growth forecast to 3.5% in 2014/15

The International Monetary Fund (IMF) has cut Egypt's growth forecast to 3.5 percent in fiscal year 2014/15 down from 4.1…
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