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,…
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annual IMF/World Bank Spring meetings
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…
