Egypt FinMin, CBE governor in Washington for new round of IMF talks
Egypt’s central bank governor Tarek Amer and Minister of Finance Amr el-Garhy are conducting a new round of loan…
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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.
Washington declares support for Egypt’s loan deal with IMF
U.S. Secretary of State John Kerry has expressed Washington’s support of an economic reform programme Egypt is…
UAE to provide Egypt central bank with six-year $1 bln deposit: agency
The United Arab Emirates has agreed to provide Egypt's central bank with a $1 billion deposit for a duration of six…
In Egypt, IMF deal brings austerity few can afford
A few years ago Imad would not have imagined himself queuing in the Cairo sun for a weekly ration of subsidized…
IMF loan favours Egypt economic reform schemes: Arab Banks Union
Egypt’s IMF loan deal is a vital step to support the country’s economic reform policies, said secretary-general of…
IMF’s Egypt loan deal brings austerity few can afford
A few years ago Imad would not have imagined himself queuing in the Cairo sun for a weekly ration of subsidised…
Egypt’s first tranche of IMF finance worth $4 bln, delivered in 2 installments
The $12 billion loan facility that the International Monetary Fund has preliminarily agreed to provide for Egypt…
Egypt stocks climb to 14-month high
Egypt’s stock market traded higher on Monday after the country agreed a three-year, $12 billion loan agreement with…
Egypt’s political parties, figures sign petition asking al-Sisi to suspend IMF loan
Several political entities, parties, and figures sent a signed petition to President Abdel Fattah al-Sisi to…
IMF steps deeper into Middle East cauldron with Egypt Loan
The International Monetary Fund (IMF) is stepping up lending in a region where economic reformers haven’t exactly…