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…
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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.
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…
IMF set to slash economic forecasts, warns of unprecedented crisis
“For the first time since the Great Depression, both advanced and emerging market economies will be in recession in…
Egypt’s financial and monetary policy is driver behind solid, resistant economy
Since the implementation of its economic reform programme, Egypt has managed to adopt a financial and monetary…
Egypt to receive $5.2 billion IMF standby loan in H2 – experts
Egypt is expected to receive a 5.2 billion one-year International Monetary Fund (IMF) standby loan within the…
Egypt’s stock exchange climbs 4.59% backed by IMF deal
Egypt’s stock exchange (EGX) climbed by more than 4 percent on Sunday as investors hailed a $5.2 billion standby…
Egypt, IMF reaches staff-level agreement over $5.2 billion standby loan
Egypt is a step closer to receiving a $5.2 billion standby loan that will help it cope with the coronavirus…
IMF: Coronavirus pandemic could cause economic data to be less accurate
The coronavirus pandemic has disrupted the gathering of data for key economic indicators widely watched by…