Economic situation is critical, all Egyptians must cooperate face this ordeal: Sisi
President Abdel-Fattah al-Sisi reiterated on Saturday that Egypt is facing major economic challenges, saying…
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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.
Merrill Lynch: Egypt’s steady adoption of IMF programme would provide ‘upside risk’
Egypt’s steady adoption of supportive macro policies as part of the recently announced International Monetary Fund…
Egypt likely to receive 1st tranche of IMF loan in 4-6 weeks
Egypt expects to receive the first $4 billion instalment of a $12 billion three-year IMF loan within four and 6…
China GDP growth to drop below 6% by 2020; IMF says
China's once-stellar economic growth will grind lower for the next five years and will drop below 6 percent in…
IMF deal a ‘lifeline’ for Egypt but long-term impact unclear: economists say
Egypt and the International Monetary Fund announced Thursday that they had agreed on an initial financing accord,…
IMF deal a ‘lifeline’ for Egypt but long-term impact unclear: economists say
Egypt and the International Monetary Fund announced Thursday that they had agreed on an initial financing accord,…
Stocks in Egypt end 1% higher as country strikes IMF loan deal
Egypt’s stock market traded higher on Thursday after the country agreed a three-year, $12 billion loan agreement…
IMF’s $12 bln loan ‘not enough’ to save Egyptian pound: ex-finance minister
A $12 billion IMF loan will definitely support Egypt’s foreign reserves and budget but it won’t be enough to curb…
BREAKING: IMF says reaches staff-level $12 bln loan agreement with Egypt
The International Monetary Fund said on Thursday it has reached a deal to assist Egypt with a three-year loan…
IMF loan is last option for Egypt to escape economic crises; say experts
Egypt is angling to obtain the $21 billion loan package from the World Bank, the African Development Bank, the…