Egypt non-oil activity drops for 26th month amid inflation
Egypt’s non-oil private sector activity contracted sharply in January, continuing a 26-month deterioration as high…
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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.
IMF sees global economy recovery in 2024
The International Monetary Fund’s (IMF) managing director, Kristalina Georgieva expected the global economy…
Egypt to receive 2nd tranche of IMF’s $3bln loan by end of March – Mission Chief
Egypt shall receive the second tranche of $3 billion financial support from the International Monetary Fund (IMF)…
IMF: Egypt’s central bank may warrant additional policy tightening to curb inflation
Egypt’s central bank (CBE) may warrant additional monetary policy tightening as persistent inflationary pressures…
IMF: Egypt plans to reduce debt, lengthen maturities
The authorities in Egypt plan to lengthen debt maturities to reduce rollover risks along with adopting debt…
IMF announces timetable for disbursal of Egypt’s 3 billion loan
The International Monetary Fund (IMF) has on Tuesday announced a timetable for disbursing Egypt’s $3 billion…
IMF: Egypt financial gap at $17 bln, to close in 4 years under loan, reforms
The International Monetary Fund (IMF) has raised its estimate for the financial gap in Egypt from $16 billion to…
IMF to hold virtual press conference for Egypt $3 billion loan programme today
The International Monetary Fund (IMF) is holding on Tuesday a virtual press conference to discuss its $3 billion…
IMF chief: one third of world economy seen recession in 2023
2023 is going to be tougher on the global economy, International Monetary Fund’s (IMF) chief Kristalina Georgieva…
Report: Egypt’s pound now under supply, demand forces, floatation not “accurate term”
Egypt’s pound currency is now under the forces of supply and demand since October 27 when the central bank moved to…