Egypt will receive second disbursal of IMF loan within 2-3 weeks: FinMin
Egypt is set to receive the second disbursal of a $12 billion International Monetary Fund loan within two to three…
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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 expects to receive second tranche of the IMF loan in July: PM
Egypt expects to receive the second tranche of a $12 billion International Monetary Fund loan in July, Egyptian…
Remittances from expatriate Egyptians surge 11.1% since pound float
Remittances from Egyptian expats have risen by 11.11 percent during the period between the currency float in…
IMF’s Jarvis says Egypt to lift cap on dollar deposits in months: paper
Egypt's central bank will remove restrictions on dollar deposits in the coming months, local newspaper Al-Borsa has…
Egypt external debts jump to $71.8bn in February: planning minister
Egypt’s Minister of Planning Hala El-Said said Thursday that Egypt’s external debts reached $71.8 billion by the…
Egypt central bank cancels foreign currency transfer limit
Egypt’s central bank announced Wednesday cancelling limits on international currency transfers. "It was decided to…
Egypt: next review for IMF loan programme to be in Nov. or Dec.
Egyptian Minister of Finance Amr el-Garhy said Thursday that the next review for the country's $12 billion…
Greece on track to reach a deal with creditors within 3 weeks: IMF official
The biggest guarantee that Greece and its creditors will finally reach an agreement on its debt burden is the…
Raising interest rate could control Egypt’s economic situation: expert
The Monetary Policy Committee (MPC) announced on Sunday raising the discount rate by 2 percent, reaching 17.25…
Egypt unexpectedly hikes key interest rates by 200 basis points
Egypt’s central bank has raised on Sunday its key interest rates by 200 basis points during a meeting of its…