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…
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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.
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…
IMF working with Egypt on Stand-By agreement to support a strong economic recovery
The International Monetary Fund is working with Egyptian authorities on a Stand-By agreement (SBA) to design strong…
Egypt’s $2.8 billion IMF pandemic financing carries interest rate of 1% – spokesman
Egypt’s $2.8 billion emergency financing from the International Monetary Fund carries an interest rate of around…
Banque Misr’s Mohamed El-Etreby says Egypt economy will re-emerge, overcome coronavirus…
Mohamed El-Etreby, chairman of one of Egypt’s biggest banks - Banque Misr, said Thursday he is optimistic that…
U.S. hails IMF loan approval for Egypt, reiterates support for its economic development
U.S. Ambassador to Cairo Jonathan Cohen welcomed on Wednesday the International Monetary Fund's (IMF) approval of…