Egypt targets inflation rate below 8.5% by 2022-end
Egypt’s government is targeting an inflation rate no higher than 8.5 percent by the end of 2022 and is making the…
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International Monetary Fund
Saudi reforms to boost growth despite any Aramco IPO delay: IMF
Saudi Arabia is moving ahead with economic reforms and growth in its non-oil economy will pick up this year despite…
Turkey has not signaled desire for IMF aid: Fund spokesperson
Turkey has not approached the International Monetary Fund to ask for financial assistance, an IMF spokesperson said…
German’s hesitancy to lower trade surplus triggers trade tensions – IMF
Germany's hesitancy to lower its trade surplus was contributing to trade tension and added to risks that could…
IMF mission chief says China’s yuan ‘fairly value’ despite recent weakening
China’s yuan is still "fairly valued" despite recent weakening against the dollar, said an International Monetary…
Egypt raises gas prices by 75%
Egypt announced on Saturday new hikes in the price of natural gas for home and commercial use by up to 75 percent,…
IMF gives Egypt strong marks in third review but warns of risks
The International Monetary Fund maintained a favourable outlook for Egypt’s economy in its third major review of…
Egypt net foreign reserves surge to $44.25 bln at end-June – c.bank
Egypt’s net foreign reserves surged to $44.258 billion at the end of June from $44.139 billion at the end of May,…
Egypt to receive $2.02 bln IMF payment this month: FinMin
Egypt expects to receive a fourth payment, worth $2.02 billion, of a $12 billion IMF loan within this month, its…
IMF’s Lagarde: trade tensions are the biggest risk for the Eurozone
Managing director of the International Monetary Fund (IMF) warns that the ongoing tensions over international trade…