economic reform program

IMF to review Egypt’s reform program twice in September
Economy

IMF to review Egypt’s reform program twice in September

A former advisor to the International Monetary Fund (IMF) Fakhry al-Fiqi said Saturday that the second review to the Egyptian…
IMF expects Egypt to achieve 4th highest growth rate among global economies
Business

IMF expects Egypt to achieve 4th highest growth rate among global economies

The Egyptian Cabinet’s Media Center said on Sunday that the International Monetary Fund expects Egypt to achieve the fourth highest…
Central Bank of Egypt: financial stability index rose in June 2021
Egypt

Central Bank of Egypt: financial stability index rose in June 2021

The Financial Stability Report for 2020, issued by the Central Bank of Egypt on Monday, showed the success of the…
MP: reform program is behind World Bank’s expectations with 5.5% growth in Egypt economy
Business

MP: reform program is behind World Bank’s expectations with 5.5% growth in Egypt economy

Under secretary of the Senate’s Irrigation and Agriculture Committee, Gamal Aboul-Fotouh said on Monday that the success of the economic…
Moody’s keeps Egypt’s credit rating at B2 with Stable Outlook
Business

Moody’s keeps Egypt’s credit rating at B2 with Stable Outlook

Egyptian Finance Minister Mohamed Maait announced Saturday that the Moody’s credit rating institute has kept Egypt’s credit rating in both…
Central Bank of Egypt says foreign currency reserves up to $40.337 bn in March
Business

Central Bank of Egypt says foreign currency reserves up to $40.337 bn in March

The Central Bank of Egypt (CBE) announced on Sunday that international foreign currency reserves increased at the end of March…
Egypt anticipates US$1.6 billion from IMF within weeks
Egypt

Egypt anticipates US$1.6 billion from IMF within weeks

An International Monetary Fund (IMF) team led by Uma Ramakrishnan held a virtual meeting session with Egyptian officials from November…
IMF approves US$5.2 billion loan for Egypt against COVID-19
Business

IMF approves US$5.2 billion loan for Egypt against COVID-19

The International Monetary Fund (IMF) approved on Friday a 12-month US$5.2 billion Stand-By Arrangement (SBA) loan for Egypt. The new…
Egypt’s US$ 5.2 billion IMF loan arrives in second half of June: Experts
Business

Egypt’s US$ 5.2 billion IMF loan arrives in second half of June: Experts

The Egyptian government is set to receive its US$5.2 billion one-year International Monetary Fund (IMF) loan within the second half…
IMF approves US$2.77 billion support to Egypt to address coronavirus
Business

IMF approves US$2.77 billion support to Egypt to address coronavirus

The executive board of the International Monetary Fund (IMF) has approved Egypt’s request for emergency financial assistance of US$2.772 billion…
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