Egypt’s FM heads to Washington for talks with US officials, IMF-World Bank meetings
Egypt’s Foreign Minister Badr Abdel-Atty travelled to Washington on Tuesday for talks with senior US officials and…
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annual IMF/World Bank Spring meetings
Egypt, Rwanda discuss boosting private sector investments to propel growth
Egypt’s Finance Minister Ahmed Kouchouk and Rwandan counterpart Uzziel Ndagijimana discussed expanding private…
IMF warns US tariffs pose ‘significant risk’ to global economy
The International Monetary Fund (IMF) on Thursday warned that new US tariffs pose a “significant risk” to the…
African public health indicators at risk – Egypt’s FinMin urges action
Egypt’s Finance Minister Mohamed Maait has raised concerns about worsening public health indicators across Africa…
Private sector should make up 70% of Egypt’s economy – minister
The private sector should make up at least 65 – 70 per cent of Egypt’s economy, said Finance Minister Mohamed Maait…
Egyptian currency devaluation impacts GDP growth rates- World Bank
The local currency devaluation has impacted the real Gross Domestic Product (GDP) growth of a number of countries,…
Egypt’s c.bank governor addresses bold monetary policy decisions
Egypt is taking bolder actions in monetary policies to control the current economic challenges and can do even…
Hassan Abdalla: resolving supply woes a key to curb Egypt’ inflation rates
Egypt’s central bank governor Hassan Abdalla said on Thursday the preexisting supply chain problems are among the…
World Bank raises global economic growth slightly in 2023
The World Bank (WB) President David Malpass expected on Monday during spring meetings 2023 that the global growth…
BREAKING: IMF, Egypt reach $3 billion staff-level agreement
The International Monetary Fund (IMF) announced on Thursday it had reached with authorities in Egypt a staff-level…
IMF sees ‘very painful’ outlook for global economy next year
The International Monetary Fund (IMF) said on Tuesday that the global economy is sliding into recession next year…
IMF projects Egypt’s economy will grow 4.4% in 2023
The International Monetary Fund (IMF) has revised its growth forecast for Egypt’s economy to 4.4 percent for 2023…
IMF raises Egypt’s real GDP growth forecasts to 3.3% in 2021
The International Monetary Fund (IMF) has raised Egypt’s real GDP growth projections for 2021 to 3.3 percent.
Egypt’s government gross debt projected to jump to 92.9% of GDP in 2021: IMF
The Egyptian government’s gross debt may jump to 92.9 percent of GDP in 2021, up from 90.2 percent in 2020,,…
Coronavirus drives IMF, World Bank to hold ‘virtual’ spring meetings
The International Monetary Fund (IMF) and the World Bank said on Tuesday they would adopt a “virtual format” for…
Egypt central bank governor says foreign debt not worrying
Egypt’s central bank governor said on Friday the country was not worried about its levels of foreign debt.
Egypt’s central bank says $88 billion cash inflows into banks in two years
Cash inflows into Egypt’s banking system totalled around $88 billion in two years, Egypt’s central bank governor…
Egypt’s foreign inflows exceeded $150 bln since 2016 pound flat – c.bank head
Egypt’s central bank governor said on Friday foreign inflows had exceeded $150 billion since its pound currency was…
Egypt-IMF Talks “Haven’t Failed” – Presidency
Negotiations between Egypt and the International Monetary Fund have not failed, the president's office said on…