economic reforms
IMF chief to recommend $12 bn Egypt loan approval
Egypt
November 9, 2016
IMF chief to recommend $12 bn Egypt loan approval
IMF chief Christine Lagarde said Tuesday she will recommend the institution approve a US$12 billion loan for Egypt when the…
IMF chief foresees ‘prompt’ start of Egypt lending
Business
October 9, 2016
IMF chief foresees ‘prompt’ start of Egypt lending
Egypt may soon receive the first tranche of a crucial $12 billion aid package, the head of the International Monetary…
IMF to discuss Egypt loan at future meeting, not this week: deputy minister
Egypt
October 5, 2016
IMF to discuss Egypt loan at future meeting, not this week: deputy minister
The International Monetary Fund will discuss Egypt's $12 billion loan programme at an executive board meeting, not at its annual…
Egypt’s finance minister expects first tranche of IMF loan in six weeks
Business
August 12, 2016
Egypt’s finance minister expects first tranche of IMF loan in six weeks
Egypt expects to receive the first $4 billion tranche of a $12 billion three-year IMF loan facility within six weeks,…
New electricity rates to be announced soon: minister
Egypt
August 5, 2016
New electricity rates to be announced soon: minister
Electricity Minister Mohamed Shaker said on Thursday that he plans to announce new price categories for electricity usage, saying that…
Negotiations for $12 bn IMF loan going smoothly: finance minister
Business
August 5, 2016
Negotiations for $12 bn IMF loan going smoothly: finance minister
Finance Minister Amr al-Garhy has announced that talks with an International Monetary Fund delegation, which is currently visiting Cairo, have…
World Bank set to provide Egypt with first $1 billion of $3 billion loan
Business
April 14, 2016
World Bank set to provide Egypt with first $1 billion of $3 billion loan
The World Bank will provide the first $1 billion tranche of a $3 billion loan to Egypt after parliament approves…
Euro zone gives Greece six-day deadline to revise reforms
World
April 9, 2015
Euro zone gives Greece six-day deadline to revise reforms
Euro zone deputy finance ministers gave Athens a six working day deadline to come up with revised reform proposals to enable a…
Report: Experts draw up government economic reform plans
Business
October 21, 2012
Report: Experts draw up government economic reform plans
Experts have drawn up proposals for tax and energy subsidy changes and will present them to Egypt's Cabinet on Sunday,…
India hit by national strike over economic reforms
World
September 20, 2012
India hit by national strike over economic reforms
Schools, shops and government offices were shut in some Indian states on Thursday as protesters blocked road and rail traffic…