Growing debt and low interest posing greatest market risks: IMF’s David Lipton
The prolonged period of low central bank interest rates and growing debt in developed economies is posing the…
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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 lining up to reduce inflation to 13% at end-2018: CBE chief
Tarek Amer, Governor of the Central Bank of Egypt (CBE), stated on Monday that the country is taking active…
Egypt FDI inflows rose 29% in Q4-FY17; investment minister says
Egypt received about $1.35 billion in foreign direct investment in the fourth quarter of the 2016-17 financial…
IMF and Egypt reach agreement on loan instalment of $2 billion
Egypt has reached a staff level agreement with the International Monetary Fund for an instalment of around $2…
Tourism revenues to increase by 105% in Egypt at end-2017
Egypt's tourism revenues in Egypt will rise by 105 percent at the end of 2017, taking it to $7 billion, said Deputy…
CBE: Egypt’s foreign reserves rise to $36.703 bln at end-Oct.
Egypt’s foreign reserves surged to $36.703 billion at the end of October from $36.535 billion at the end of…
Minister: Egypt’s gasoline consumption falls 4.2% in Q1 of FY2018
Egypt's gasoline consumption dropped by 4.2 percent and diesel consumption by 7.1 percent in the first quarter of…
IMF starts second review of Egypt’s economic reform programme
An IMF delegation started to conduct the second periodic review of Egypt’s economic reform programme in…
IMF delegation in Cairo next week to review third loan instalment
A delegation from the International Monetary Fund (IMF) will arrive in Cairo next Tuesday for a review required…
Egypt’s tourism revenues rise 211.8% in first nine months of 2017
Egypt’s tourism revenues jumped 211.8 percent to $5.3 billion during the first nine months of 2017, a government…