IMF Cuts Egypt’s Growth Forecast Citing Concerns on Tourism Revenues
The International Monetary Fund cut its growth forecast for the Egyptian economy on the back of security concerns…
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International Monetary Fund (IMF)
International Monetary Fund (IMF), United Nations (UN) specialized agency, founded at the Bretton Woods Conference in 1944 to secure international monetary cooperation, to stabilize currency exchange rates, and to expand international liquidity.
In Week, Egypt Stocks Lose EGP37.9bn on Global Growth Concern
In a week, Egypt’s stock Exchange (EGX) incurred massive losses worth 37.9 billion Egyptian pounds (US$5.3 billion)…
IMF Official Hails Recent Economic Reforms in Egypt
Christopher Jarvis, an adviser with the International Monetary Fund, hailed economic reforms adopted recently by…
IMF Mission To Visit Egypt By Year-End: Finance Minister
Egypt has invited the international monetary fund before year end for consultation regarding economic situation and…
Egypt Stocks Halt 4-Day Losing Streak, Open New Week Higher
Egypt’s stocks opened a new week higher with early gains worth 2.2 billion Egyptian pounds powered by non-Arab…
Egypt to Conduct Consultations with IMF to Boost Ties: Abdel Nour
The government intends to conduct economic consultations with the International Monetary Fund (IMF) opening new…
No Intentions to Get IMF Loan – Egypt C.Bank Chief
Central Bank of Egypt's Governor Hisham Ramez asserted on Tuesday evening that his country has no intentions to…
Enough GCC Aid will be Made Available: Merrill Lynch
The report also expects no near-term International Monetary Fund (IMF) engagement with Egypt. Tightened liquidity…
IMF Board Stands Behind Lagarde Over French Probe
The International Monetary Fund's board on Friday stood behind the global lender's leader Christine Lagarde, who is…
EU’s €500mn Aid to Egypt Still Pending, Awaits IMF’s Credentials
The European Union's €500 million financial aid package to Egypt remains pending, despite being formerly linked to…