Egypt’s public debt sustainable, growth likely to fall to 2.8% in FY202/21 – IMF
Egypt’s public debt is expected to be sustainable, but not with a high probability. Its level is high and gross…
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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 6.4% growth in Egypt’s GDP in FY2021/22
The International Monetary Fund (IMF) expected that Egypt’s gross domestic product (GDP) will grow by 6.4 percent…
IMF downgrades Egypt’s GDP growth to 2% in FY2020/2021
Egypt’s growth rates during fiscal year 2020/2021 has been downgraded to 2 percent on the back of to pandemic with…
The IMF slashed its 2020 GDP forecast for the MENA region
The International Monetary Fund (IMF) lowered its economic forecast for the Middle East and Central Asia (Meca)…
Lebanon’s negotiations with IMF on hold pending start of reforms – minister
Lebanon's negotiations with the International Monetary Fund (IMF) are on hold pending the start of economic reforms…
Gulf economies to shrink 7.6% due to coronavirus, decline in oil prices: IMF
The Gulf states' economies could shrink by 7.6 percent this year in their deepest fall in decades, as the…
Egypt to receive $5.2bn under IMF standby loan, $3.2bn of which phased over 2 reviews
Policies supported by the SBA loan to Egypt will focus on addressing the COVID-19 crisis needs, including critical…
The IMF sees Egyptian economy maintaining 2 percent growth through 2021
The IMF now sees the Egyptian economy maintaining 2 percent growth through to the end of 2021, scaling back its…
IMF downgrades outlook for global economy n face of virus pandemic
The International Monetary Fund has sharply lowered its forecast for global growth this year because it envisions…
IMF to disburse IMF standby loan in tranches in 2021 – official
The International Monetary Fund will disburse its $5.2 billion standby loan to Egypt in tranches in 2021, said a…