IMF loan is last option for Egypt to escape economic crises: experts
Egypt is angling to acquire the $21bn loan package from the World Bank, the African Development Bank, 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, Egypt to delay unifying exchange rate until receiving first tranche of loan
Egypt and the International Monetary Fund (IMF) delegation agreed that the Central Bank of Egypt (CBE) would…
FEDCOC supports Egypt-IMF talks on $12bn loan; head says
Federation of Egyptian Chambers of Commerce (FEDCOC) supports Cabinet's talks with the International Monetary Fund…
Electricity prices hike not related to IMF loan to Egypt; minister says
Electricity Minister Mohamed Shaker said the subsidies value on the new electricity prices will register EGP 29bn…
Egypt has proposed 18-month reform programme to IMF: reports
Three Egyptian dailies said on Monday that Cairo was proposing to IMF delegates an 18-month reform programme in…
Cairo stocks end week 1.8% higher on progress in IMF talks
Egyptian stocks traded higher on Thursday backed by the finance minister’s remarks that the country is making…
IMF reviews Egypt budget 2016/17 terms: FinMin
The International Monetary Fund team mission is currently reviewing with the Egyptian government the terms of the…
Egypt stocks trade at one-year high on IMF hopes
Egyptian stocks ended traded at one-year high on Wednesday on optimism among local investors that a loan deal with…
Egypt is pressured to liberalise currency exchange rate
The main condition for Egypt obtaining a $12bn loan from the International Monetary Fund (IMF) was heavily…
Fitch: Egypt IMF deal ‘credit positive’ but high implementation risks loom
Securing an International Monetary Fund (IMF) funding deal would be credit positive for Egypt, but implementation…