International Monetary Fund

UAE stocks rise, Dubai outperforms on first trading day of 2021
Middle East

UAE stocks rise, Dubai outperforms on first trading day of 2021

(Reuters) – Stock markets in the United Arab Emirates rose in early trade on Sunday, starting 2021 on a positive…
COVID-19 exposed Kenya’s debt vulnerability though measures helped – IMF
World

COVID-19 exposed Kenya’s debt vulnerability though measures helped – IMF

NAIROBI (Reuters) – COVID-19 has exposed Kenya’s debt vulnerabilities though official measures including monetary policy easing have helped shield the…
Zambia’s risk of default highlights Africa’s debt crisis
World

Zambia’s risk of default highlights Africa’s debt crisis

KAMPALA, Uganda (AP) — Facing financial difficulties aggravated by the coronavirus pandemic, the southern African nation of Zambia appears headed…
Egypt registers primary surplus of LE100 mn in Q1 FY20-21
Business

Egypt registers primary surplus of LE100 mn in Q1 FY20-21

Egypt registered a primary budget surplus of LE 100 million (US$6.39 million) in the first quarter of its 2020-2021 financial…
Deep falls in Egypt’s inflation could prompt IMF consultation
Business

Deep falls in Egypt’s inflation could prompt IMF consultation

Egypt’s inflation has fallen to some of its lowest levels in well over a decade, potentially triggering consultations with the…
US dollar to Egyptian pound exchange rates fall by 3 piasters
Business

US dollar to Egyptian pound exchange rates fall by 3 piasters

US dollar to Egyptian pound exchange rates fell by an average of three piasters on Monday at the Central Bank…
US dollar to Egyptian pound exchange rates show slight decline
Economy

US dollar to Egyptian pound exchange rates show slight decline

US dollar to Egyptian pound exchange rates at the Central Bank of Egypt recorded a slight decline on Monday, settling…
US dollar to Egyptian pound exchange rate declines by two piasters
Business

US dollar to Egyptian pound exchange rate declines by two piasters

The US dollar to Egyptian pound exchange rate declined by two piasters at the Central Bank of Egypt on Thursday,…
IMF predicts global recession, forecast for Egypt is positive
Business

IMF predicts global recession, forecast for Egypt is positive

The International Monetary Fund on Tuesday significantly reduced its expectations for global economic growth, anticipating a global recession amid the…
Coronavirus puts ‘fragile’ global recovery at risk: IMF to G20
World

Coronavirus puts ‘fragile’ global recovery at risk: IMF to G20

The deadly coronavirus epidemic could put an already fragile global economic recovery at risk, the IMF warned Sunday, as G20…
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