Lifting fuel subsidies is urgent matter for states; IMF says
In a chart published on Wednesday, the International Monetary Fund (IMF) explained how lifting fuel subsidies was…
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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 foreign reserves surge to $44.9bn July-end
Egypt's foreign reserves surged to $44.917 billion at the end of July, the central bank announced on Wednesday,…
Egypt received final $2bn tranche of IMF loan, says state TV
Egypt has received the final $2 billion tranche of its IMF loan, state television said on Monday.
EU nominates World Bank’s Kristalina Georgieva as next IMF chief
The European Union has nominated World Bank’s chief executive Kristalina Georgieva to lead the International…
Egypt fuel demand falls 5% a month after price hike
Fuel consumption rates in Egypt fell 5 percent in July, one month after cutting fuel subsidies under an IMF-backed…
IMF’s latest disbursal to raise Egypt’s foreign reserves, credit rating:…
The International Monetary Fund's (IMF) $2 billion latest tranche of a $12 billion loan package will increase…
IMF approves Egypt to draw final $2 bln from $12 bln loan
The International Monetary Fund (IMF) on Wednesday said its board completed the fifth and final review of Egypt’s…
IMF to hand Egypt’s final tranche of $12bn July 24 – PM
Egypt's Prime Minister Moustafa Madbouly unveiled on Wednesday that the International Monetary Fund (IMF) is due to…
IMF to vote on final loan disbursal to Cairo on July 24 – Egypt PM
The International Monetary Fund (IMF) will vote on the disbursement of the final $2 billion tranche of a $12…
IMF’s head Christine Lagarde resigns
Christine Lagarde has said she will step down as managing director of the International Monetary Fund (IMF).