European stocks set for a positive open, political risk on the continent remains
European stocks look set for a positive open on Wednesday though political risk on the continent remains. 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.
IMF raises Egypt 2017 economic outlook to 4.1%, MENA unchanged
The International Monetary Fund on Tuesday raised its forecast for Egypt’s economic growth this year to 4.1…
IMF raises global economic outlook for 2017, 2018 but warns of risks
The International Monetary Fund is slightly more optimistic about global growth yet remained clearly concerned…
Egypt partakes in IMF annual meetings
Egypt participated in the annual meetings (Autumn Meetings) of the International Monetary Fund (IMF) and the World…
Germany to earmark $250mn in 2018 to plug Egypt’s budget deficit
The German government will allocate $250 million in 2018 to plug Egypt’s budget deficit, German ambassador to…
Egypt to raise tobacco tax revenues by $397.50mn in FY2017/18
Egypt is planning to raise its revenues from taxes imposed on tobacco to seven billion Egyptian pounds ($397.50…
Egypt’s foreign reserves at new high, hit $36.53 bln at end-Sept
Egypt’s foreign reserves rose to $36.534 billion at the end of September from $36.143 billion at the end of August,…
IMF praises Egypt’s CBE policies to control inflation rate
The International Monetary Fund (IMF) praised on Friday the Central Bank of Egypt (CBE) policies to control…
IMF sees ‘good progress’ on Egypt reforms
Egypt has made a "good start" to its International Monetary Fund-backed reform programme despite seeking waivers…
IMF expects Egypt second instalment end-2017, inflation to fall
Egypt is expected to receive the third installment of around $2 billion of its $12 billion loan programme with the…