Egypt’s foreign reserves jump to $36.04 bln, highest since Dec 2010
Egypt’s foreign reserves soared to $36.036 billion at the end of July, the highest level since December 2010, 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.
Foreign investments in Egypt debt grow 47% in May
Foreign investments in Egypt’s domestic debt instruments rose 47 percent in a month, according to the monthly…
Egypt’s external debt rises 9.7% to $73.88 billion in three months
Egypt’s external debt rose 9.7 percent from December 2016, to March 2017, according to the monthly report of the…
IMF says dollar is overvalued by 10-20%
The International Monetary Fund (IMF) said on Friday that the U.S. dollar was overvalued by 10 percent to 20…
Egypt’s foreign reserves nearing $35 bln: Sisi
Egypt's President Abdel Fattah al-Sisi announced that the country's foreign reserves are now close to $35 billion.…
IMF keeps global growth forecast unchanged, Eurozone, Japan to accelerate
Despite slashing the economic growth outlook for the U.S. and U.K., the International Monetary Fund has kept its…
Moody’s forecasts Egypt account deficit to shrink to 3% of GDP in 2020
Moody's Investors Service said on Thursday that the International Monetary Fund (IMF) review of Egypt's economic…
Egypt agricultural exports rose 12.1% in H1-2017
Egypt's agricultural exports surged 12.1 percent during the first half of 2017, reaching 3.5 million tonnes…
Egypt’s CBE receives 2nd tranche of IMF loan
The second tranche of the International Monetary Fund’s (IMF) loan to Egypt, $1.25 billion, has entered the…
Egypt’s central bank receives second disbursal $1.25 bln of IMF loan
Egypt’s central bank (CBE) has received Tuesday the second and final disbursal of the first $4 billion tranche of a…