Egypt makes fiscal progress under IMF reform programme: Analyst
Egypt has made fiscal progress under the International Monetary Fund reform programme, Credit Suisse International…
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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.
Egyptian gold reserves fall to $2.73 bln in May
Egypt’s gold reserves dropped by $50 million or 0.7 percent month-on-month in May 2018 to around $2.73 billion from…
Egyptian net foreign reserves rise to $44.14 bln at end-May: CBE
Egypt’s net foreign reserves rose to $44.14 billion at the end of May from $44.030 billion at the end of April, the…
IMF, BIS tell Turkey to ensure central bank independence
Global finance chiefs urged Turkey’s President Recep Tayyip Erdogan to preserve the independence of his country’s…
Egypt is enjoying a surge in economic freedom
Egyptian economy is rebounding after years of economic stress and political turmoil.
S&P increases Egypt’s sovereign credit rating to B
International rating agency Standard and Poor’s (S&P) raised on Friday Egypt’s sovereign credit rating to (B)…
IMF warns of increasing African debt despite faster economic growth
Sub-Saharan African nations are at growing risk of debt distress because of heavy borrowing and gaping deficits,…
IMF delegation arrives in Cairo to review economic reform progress
International Monetary Fund's (IMF) delegation arrived late Friday in Cairo on a visit that aims to review Egypt's…
World Bank applauds Sisi’s efforts to tackle Egypt’s economic woes
World Bank group's President said Egypt has achieved and applauded the legislation that contributed to improving…
World Bank applauds Sisi’s efforts to tackle Egypt’s economic woes
President of the World Bank group Jim Yong Kim praised the “economic success” that he said Egypt has…