Sisi orders government to present 5-year achievements report in October
President Abdel Fattah El-Sisi on Sunday directed the government to prepare a comprehensive report on the state’s…
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public debt
Egypt denies Suez Canal debt swap
Egypt denies plans to swap or pledge the Suez Canal to settle domestic debt, the Cabinet said on Sunday, rejecting…
Egypt advances strategy to reduce public, external debt
Egypt’s government is developing a comprehensive strategy to enhance fiscal discipline and improve its debt…
Egypt reports strong economic performance ahead of IMF visit
Egypt’s Prime Minister Moustafa Madbouly chaired the Economic Ministerial Group meeting on Wednesday to review…
Fitch affirms Egypt’s rating at ‘B’ with stable outlook
Fitch Ratings has affirmed Egypt’s Long-Term Foreign-Currency Issuer Default Rating (IDR) at ‘B’, maintaining a…
IMF, Jordan reach staff-level agreement on economic reform reviews
The International Monetary Fund (IMF) has reached a staff-level agreement with Jordan on the fourth review under…
Egypt cuts debt-to-GDP to 85.6% – FinMin
Egypt has begun reducing its debt-to-GDP ratio, which reached 85.6 per cent in June, Finance Minister Ahmed…
Egypt’s Sisi urges debt cost cuts, tighter fiscal discipline, enhanced social justice
Egyptian President Abdel Fattah El-Sisi on Saturday called on his government to step up efforts to cut debt…
Time for bold homegrown IMF orthodoxy alternative
As Egypt navigates one of the most difficult economic moments in its recent history, the grip of International…
Central bank body BIS flags deep risks in fractured global economy
The Bank for International Settlements (BIS) warned in its latest assessment of the state of the world economy that…