Finance minister says Egypt’s external debt to hit $53.4 billion with IMF loan
Egypt's finance minister said in a television interview Sunday that Egypt's external debt would reach $53.4 billion…
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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.
No preconditions on IMF’s Egypt loan; Cairo says
The International Monetary Fund (IMF) has not imposed any preconditions on Egypt in order to carry out a mooted $12…
IMF has not imposed conditions on loan package- Egypt’s Finance
The International Monetary Fund (IMF) has not imposed any preconditions on Egypt in order to implement a mooted $12…
IMF praises Saudi reform goals, resilient system
Reforms have helped Saudi Arabia strengthen the financial system while the banking sector is well positioned to…
Egypt central bank keeps key interest rates ‘unchanged’
Egypt's central bank has on Thursday kept its key interest rates unchanged, two days after the government said it…
Egypt to repay each tranche of proposed $12 bln IMF loan over five years
Egypt must repay each tranche of any loan it receives from the International Monetary Fund over five years,…
Egypt says expects to get at least $2 bln in 2 months of agreeing IMF loan
Egypt expects to get at least $2 billion within two months of agreeing a three-year $12 billion loan programme with…
IMF mission to start loan talks with Egypt next July 30
An International Monetary Fund (IMF) staff mission will pay an official visit to Cairo starting next July 30 to…
Egypt plans international bond issue next October: PM
Egypt is planning an international bond issuance worth $3 billion next October, Prime Minister Sherif Ismail…
US dollar takes a step backward by 50pst following announcement of IMF loan
The US dollar lost over 50 piastres of its value against the Egyptian pound on the informal market on Wednesday…