International Monetary Fund
Egypt announces fuel price hikes
Business
February 20, 2013
Egypt announces fuel price hikes
Egypt's government announced new fuel prices for many sectors of the economy on Tuesday, which industry sources said were…
GDP grows 2.4% in first half of fiscal year
Business
February 20, 2013
GDP grows 2.4% in first half of fiscal year
Egypt’s economy grew 2.4 percent during the first half of the current fiscal year, according to a Cabinet statement Wednesday.…
IMF will decide when to visit Cairo after reviewing Cabinet’s reforms
Egypt
February 14, 2013
IMF will decide when to visit Cairo after reviewing Cabinet’s reforms
The government is working to amend its economic reform program before it agrees on the date of an International Monetary…
IMF postpones loan talks, again
Egypt
February 7, 2013
IMF postpones loan talks, again
The International Monetary Fund has once again postponed negotations on a long-awaited US$4.8 billion loan to Egypt, said a government…
Minister: consultations with IMF continue
Business
January 31, 2013
Minister: consultations with IMF continue
Egypt's consultations with the International Monetary Fund is on-going at all levels, said Finance Minister Morsy Hegazy said on Thursday,…
IMF loan negotiations continue despite violence
Business
January 30, 2013
IMF loan negotiations continue despite violence
Finance Minister Morsy Hegazy said on Wednesday that talks with the International Monetary Fund are progressing, despite violence plaguing several…
IMF may postpone loan agreement by months
Business
January 24, 2013
IMF may postpone loan agreement by months
Prime Minister Hesham Qandil and International Monetary Fund (IMF) head Christine Lagarde met on Thursday to discuss the future of…
IMF to review Egyptian budget before resuming loan talks
Egypt
January 19, 2013
IMF to review Egyptian budget before resuming loan talks
The IMF's director for the Middle East and North Africa, Masood Ahmed, said Saturday that the fund is reviewing Egypt's…
Lagarde: Egypt must endorse IMF loan deal as its own
Business
January 8, 2013
Lagarde: Egypt must endorse IMF loan deal as its own
Egypt's government must endorse a US$4.8 billion IMF loan agreement and propose it to the Egyptian people as its own…
IMF wants pound value to drop against US dollar, says official
Business
January 8, 2013
IMF wants pound value to drop against US dollar, says official
The International Monetary Fund has criticized the Central Bank of Egypt for its delay in allowing the Egyptian pound’s value…