Foreign Reserve Drop Raises Financing Gap To US$ 16 Bln: Fakhry El-Feky
Dr. Fakhry El-Feky, former assistant to the executive director of the International Monetary Fund (IMF), stated…
Browsing Tag
International Monetary Fund
Renewing Relations With Iran Not To Affect IMF Loan Deal: Ismail Hassan
One of that International Monetary Fund’s main aim is to assist crisis-hit economies with soft loans, said Ismail…
EFG-Hermes Downgrades USD-EGP Forecasts To EGP 7.75 By June
In a report issued on Wednesday, EFG-Hermes (HRHO.CA) has downgraded its forecast for the official USD-EGP exchange…
Egypt Is Burning and U.S. Should Do Little, Very Quietly
With violence threatening to destroy Egypt’s fledgling democracy, a growing number of voices there and abroad are…
Egypt’s FinMin Says Committed To Economic Reform, IMF Loan Talks Ongoing
Egypt’s finance minister Dr. Al-Mursi Al-Sayed Hegazy asserted that Egypt is committed to implementing the reform…
IMF May Postpone Loan Agreement By Months
Prime Minister Hisham Kandil and International Monetary Fund (IMF) head Christine Lagarde met on…
Global GDP Growth 3.5% In 2013: IMF
Global growth will strengthen gradually in 2013, says the IMF in an update to its World Economic Outlook (WEO), as…
IMF To Visit Egypt After Morsi Approves Economic Reform Plan
Hany Kadry, assistant to the Minister of Finance, said Egypt will invite the International Monetary Fund’s (IMF)…
McCain Hopes Egypt Can Ink IMF Loan As Soon As Possible
U.S. Senator John McCain said in an interview that the economic situation in Egypt is “very serious” and…
Egypt Sees Talks With IMF “Back On Track Very Soon”
Egypt hopes to resume talks with the International Monetary Fund on a crucial $4.8 billion loan soon as it…