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…
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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.
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…
IMF-Egypt deal may catalyse $20b in foreign funds – FinMin
The new International Monetary Fund (IMF) deal is expected to catalyse a total of $20 billion in foreign support…
Egyptian pound settles at 49.5 after floating currency
Egypt's pound remained stable on Thursday at 49.5 against the dollar, similar to the previous day's closing rate,…
IMF board to meet on Egypt loan deal before March-end
The International Monetary Fund's executive board is expected to meet before the end of March to approve the…
Georgieva: IMF-Egypt deal ‘significant step’
International Monetary Fund Managing Director Kristalina Georgieva said in a tweet on Wednesday the staff-level…
PM: New IMF deal to help Egypt secure World Bank, EU soft loans
Egypt’s Prime Minister Moustafa Madbouly said the new agreement with the International Monetary Fund (IMF) will…
IMF, Egypt reach staff level agreement on first, second loan reviews
Egypt and the International Monetary Fund (IMF) have reached on Wednesday staff level agreement on a set of…
URGENT: Egypt signs new IMF deal
Egypt has on Wednesday signed an agreement with the International Monetary Fund (IMF) to extend the current $3…
URGENT: Egypt to sign new IMF loan deal within hours – source
Egypt will sign a new loan programme agreement with the International Monetary Fund (IMF) in the next few hours, an…