Saudi Cabinet approves deal to launch IMF regional office in Riyadh
Saudi Arabia's Cabinet approved on Tuesday an agreement to set up a regional office for the International Monetary…
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IMF
IMF, Pakistan reach $1.1b staff-level agreement
The International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan for a $1.1 billion…
Egypt expects over $20b FX inflows post IMF deal – FinMin
Egypt’s Minister of Finance Mohamed Maait said on Tuesday that the anticipated foreign cash inflows are estimated…
World Bank announces more than $6b support package for Egypt
The World Bank announced on Monday plans to provide more than $6 billion in support to Egypt throughout the coming…
Pakistan’s c. bank holds rate steady at 22%
Pakistan's central bank maintained its key interest rate at 22 per cent for the sixth consecutive policy meeting on…
Pakistan’s c. bank likely to keep rates unchanged
Pakistan's central bank is expected to maintain its key interest rate at a record 22 per cent for the sixth…
Africa’s sovereign bond rally continues unabated
Africa's sovereign bond rally continues unabated, with prices reaching nearly two-year highs in countries like…
Egypt’s budget initial surplus hits EGP 193b in 8 months
Egypt’s budget has significantly improved in the past eight months, showing an initial surplus of 193 billion…
Default risk in emerging markets decreases
The risk of government defaults in emerging markets is diminishing, fueling a bond rally, especially in junk-rated…
World Bank pledges $3b support to Egypt – minister
The World Bank (WB) has pledged $3 billion in support to Egypt following the country's successful negotiation of an…