IMF loan
IMF praises Egypt’s economic reform program, says all targets achieved
Business
April 6, 2019
IMF praises Egypt’s economic reform program, says all targets achieved
The International Monetary Fund (IMF) on Saturday praised Egypt’s remarkable macroeconomic improvement since the start of the economic reform program…
Egypt has undergone “difficult surgery” for economic reform: Finance Minister
Business
March 11, 2019
Egypt has undergone “difficult surgery” for economic reform: Finance Minister
The state has undergone a very difficult surgery to conduct it’s economic reform, leading to success in all sectors, Finance…
IMF’s Lagarde praises Egypt’s reforms against administrative corruption
Economy
February 11, 2019
IMF’s Lagarde praises Egypt’s reforms against administrative corruption
Christine Lagarde, managing director of the International Monetary Fund (IMF) praised Egypt’s intense efforts in fighting administrative corruption, during a…
Egypt receives $2bn tranche of IMF loan
Business
February 6, 2019
Egypt receives $2bn tranche of IMF loan
Egypt has received the fifth installment of the International Monetary Fund (IMF) loan, worth $2 billion, an official source at…
Egypt Sees More Pound Volatility After Repatriation Fund Ends
Economy
January 23, 2019
Egypt Sees More Pound Volatility After Repatriation Fund Ends
Written by Mirette Magdy Egypt’s stagnant exchange rate is likely to see more movement after a system that…
CBE Governor expects fifth installment of IMF loan by the end of January
Business
January 23, 2019
CBE Governor expects fifth installment of IMF loan by the end of January
Governor of the Central Bank of Egypt (CBE) Tariq Amer said that Egypt expects to receive its fifth IMF…
IMF to discuss 5th installment of Egypt’s loan in December
Business
November 28, 2018
IMF to discuss 5th installment of Egypt’s loan in December
The Executive Board of the International Monetary Fund (IMF) will meet in late December, to discuss disbursing the fifth…
Egypt’s headline inflation surges to 17.7% in October
Business
November 11, 2018
Egypt’s headline inflation surges to 17.7% in October
Egypt’s headline inflation continued to climb year-on-year in October, rising to 17.7 percent from 16 percent in September, official…
Egypt on the right track, Finance Minister says before meeting IMF mission
Business
October 21, 2018
Egypt on the right track, Finance Minister says before meeting IMF mission
Egyptian Finance Minister Mohamed Maait said on Saturday that he would hold a meeting later this week with the…
Egypt to repay IMF loan starting in May 2021: Government sources
Business
August 25, 2018
Egypt to repay IMF loan starting in May 2021: Government sources
Egypt will begin repaying the International Monetary Fund (IMF) loan in May 2021 with a tranche worth US $2.75…