Egypt hikes drinking water and sewage charges by up to 50%
Egyptian President Abdel Fattah al-Sisi signed off Wednesday on measures to increase drinking water and sewage fees…
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International Monetary Fund
Egypt’s foreign reserves jump to $36.04 bln, highest since Dec 2010
Egypt’s foreign reserves soared to $36.036 billion at the end of July, the highest level since December 2010, the…
Egypt’s external debt rises 9.7% to $73.88 billion in three months
Egypt’s external debt rose 9.7 percent from December 2016, to March 2017, according to the monthly report of the…
IMF says dollar is overvalued by 10-20%
The International Monetary Fund (IMF) said on Friday that the U.S. dollar was overvalued by 10 percent to 20…
IMF keeps global growth forecast unchanged, Eurozone, Japan to accelerate
Despite slashing the economic growth outlook for the U.S. and U.K., the International Monetary Fund has kept its…
Egypt’s CBE receives 2nd tranche of IMF loan
The second tranche of the International Monetary Fund’s (IMF) loan to Egypt, $1.25 billion, has entered the…
Egypt’s central bank receives second disbursal $1.25 bln of IMF loan
Egypt’s central bank (CBE) has received Tuesday the second and final disbursal of the first $4 billion tranche of a…
IMF strongly supports Egypt’s economic reforms
The International Monetary Fund (IMF) strongly supports Egypt’s economic reform programme, the fund’s mission chief…
Largarde praises Egypt’s measures on economic reforms
The head of the International Monetary Fund (IMF) Christine Lagarde has praised Egypt's reform measures, saying…
IMF approves dispersal of final $1.25 bln in first tranche of Egypt loan
The International Monetary Fund’s executive board has approved the first review of a $12 billion loan to Egypt and…