AfDB sees Egypt’s economy gradually recovering
Egypt’s economy is expected to maintain its recovery in the coming years, with the African Development Bank (AfDB)…
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GDP growth
Egypt’s economy to grow by 3.8% in FY 2024/25 – World Bank
Egypt’s economy is expected to grow by 3.8 per cent in fiscal year 2024/25, up from an estimated 2.4 per cent in…
Zambia secures IMF staff-level deal
Zambia has reached a staff-level agreement with the IMF for a $194 million disbursement under the Fifth Review of…
BoE’s Bailey: Rate cuts ‘gradual, careful’ amid trade uncertainty
Bank of England Governor Andrew Bailey told lawmakers on Tuesday that interest rate cuts in the UK will remain…
IMF raises Egypt’s growth forecast to 3.8%
The International Monetary Fund (IMF) has raised Egypt’s growth forecast for fiscal year 2024/25 to 3.8 per cent,…
Egypt’s PM: IMF mission in Cairo for 5th review
An International Monetary Fund (IMF) mission is currently in Egypt for the fifth review of the country's economic…
Egypt’s executed investments rise 5.8% YoY in FY 2023/24 – minister
Egypt’s total executed investments for the 2023/24 fiscal year rose 5.8 per cent year-on-year to 1.626 trillion…
Bank of Israel maintains rate at 4.5%
Bank of Israel decided on Monday to maintain the interest rate at 4.5 per cent. Economic activity is recovering at…
Poland’s finance minister pushes for rate cuts to spur investment
Poland’s finance minister, Andrzej Domanski, criticised communication issues with the central bank while advocating…
Germany set for 0.0% GDP growth in 2024, OECD forcasts
Germany's GDP is expected to stagnate at 0.0 per cent growth in 2024, recovering from a -0.3 per cent contraction…
AfDB 2023