Financial Institutions IMF chief economist says not concerned about China’s ability to defend yuan Amwal Al Ghad English Oct 9, 2018 0 International Monetary Fund (IMF) Chief Economist Maurice Obstfeld stated on Tuesday that he was not concerned…
Financial Institutions IMF lowers global growth forecast over trade disruptions Amwal Al Ghad English Oct 9, 2018 0 The International Monetary Fund (IMF) has cut its global growth forecasts as trade tensions between the U.S. and…
Banks Egypt net foreign reserves rise to $44.46 bln at end-September mohamed Hamdy Oct 8, 2018 0 Egypt’s net foreign reserves rose to $44.459 billion at the end of September from $44.419 billion at the end of…
Africa News Zambia’s FinMin says to meet IMF officials next week Amwal Al Ghad English Oct 2, 2018 0 Zambia’s Finance Minister Margaret Mwanakatwe said on Tuesday she will meet with top International Monetary Fund…
Banks S&P upgrades two Egyptian banks on strong GDP growth Yomna Yasser Sep 27, 2018 0 Standard & Poor’s raised its ratings on two Egyptian banks on Tuesday, saying the country’s GDP growth and…
Money IMF hikes Argentina bailout package to $57 billion Amwal Al Ghad English Sep 27, 2018 0 The International Monetary Fund (IMF) and Argentina announced on Wednesday an arrangement to increase resources…
Financial Institutions IMF: Kenya’s external position is strong, standby deal expires Amwal Al Ghad English Sep 15, 2018 0 The International Monetary Fund (IMF) considers that Kenya’s external position is strong, its representative in…
Banks Egypt’s core inflation rises slightly to 8.83% y-o-y in August – central bank mohamed Hamdy Sep 10, 2018 0 Egypt’s core inflation slightly rose to 8.83 percent year-on-year in August from 8.54 percent in July, the central…
Financial Institutions Italy economy would struggle with ‘even a minor recession’: ex-IMF director Amwal Al Ghad English Sep 8, 2018 0 Italy's economy is in such a fragile state that even a minor recession could be very dangerous, a former director…
Financial Institutions Egypt targets inflation rate below 8.5% by 2022-end Amwal Al Ghad English Aug 27, 2018 0 Egypt’s government is targeting an inflation rate no higher than 8.5 percent by the end of 2022 and is making the…