International Monetary Fund
Egypt receives third tranche of IMF program worth $820 million
Economy
August 2, 2024
Egypt receives third tranche of IMF program worth $820 million
Mostafa Madbouly, Prime Minister, chaired on Thursday the first meeting of the Coordination Council for Financial and Monetary Policies, in…
PM: 1st batch of IMF loan arrives in Egypt next week, 2nd of Ras al-Hikma deal in May
Egypt
April 1, 2024
PM: 1st batch of IMF loan arrives in Egypt next week, 2nd of Ras al-Hikma deal in May
Prime Minister Mostafa Madbouly said Saturday 30/03/2024 the first batch of the International Monetary Fund (IMF) loan is scheduled to…
Egypt announces its readiness for a new plan with the International Monetary Fund
Business
December 22, 2023
Egypt announces its readiness for a new plan with the International Monetary Fund
Egyptian Prime Minister Mostafa Madbouly said that discussions with the International Monetary Fund (IMF) have not stopped, and emphasized that…
IMF lowers growth forecast for Egyptian economy to 3.6%
Economy
October 10, 2023
IMF lowers growth forecast for Egyptian economy to 3.6%
The International Monetary Fund lowered its growth forecast for the Egyptian economy during the current fiscal year 2023-2024 to 3.6…
IMF approves $3 billion bailout for cash-starved Pakistan
World
July 14, 2023
IMF approves $3 billion bailout for cash-starved Pakistan
Islamabad Reuters — The International Monetary Fund’s board approved a three billion dollar bailout program for Pakistan which will immediately…
World Bank approves $700 million for crisis-hit Sri Lanka
World
June 29, 2023
World Bank approves $700 million for crisis-hit Sri Lanka
Colombo CNN — The World Bank approved $700 million in budgetary and welfare support for Sri Lanka on Thursday, in…
US dollar price stabilizes in Egypt on Tuesday
Business
February 14, 2023
US dollar price stabilizes in Egypt on Tuesday
The price of the US dollar stabilized on Tuesday, November 14, in Egypt. The price of the US dollar in…
No third flotation of the Egyptian pound: economist
Business
December 19, 2022
No third flotation of the Egyptian pound: economist
Economist Mostafa Badra denied a third flotation of the Egyptian pound. Badra revealed the details of Egypt obtaining a US$3…
Gov’t: IMF’s approval of new support package reflects confidence in Egypt’s ability to meet int’l obligations
Egypt
December 18, 2022
Gov’t: IMF’s approval of new support package reflects confidence in Egypt’s ability to meet int’l obligations
The International Monetary Fund’s (IMF) recent approval of Egypt’s comprehensive national economic reform program is a further confirmation of the…
IMF stresses need to maintain flexibility of exchange rate in Egypt
Business
December 9, 2022
IMF stresses need to maintain flexibility of exchange rate in Egypt
Deputy Director of the Fiscal Affairs Department of the International Monetary Fund, Katherine Baer, stressed the need to maintain the…