International Monetary Fund

Sources claim IMF unhappy with reform program
Business

Sources claim IMF unhappy with reform program

An unnamed government official said Thursday that the International Monetary Fund is not satisfied with Egypt’s amended economic and social…
Qandil expects IMF loan approval soon
Business

Qandil expects IMF loan approval soon

The Cabinet issued an official invitation to the International Monetary Fund delegation to resume talks over a US$4.8 billion, according…
Egypt hopes for IMF deal by late April, minister says
Business

Egypt hopes for IMF deal by late April, minister says

Egypt hopes to conclude a deal with the International Monetary Fund for a $4.8 billion loan by the end of…
Ratings agency predicts further delay to IMF deal
Business

Ratings agency predicts further delay to IMF deal

Egypt's extended election timetable could delay a $4.8 billion IMF loan agreement until the third quarter, Fitch Ratings said Wednesday,…
Minister: IMF loan talks to resume in early March
Business

Minister: IMF loan talks to resume in early March

Egypt will resume talks with the International Monetary Fund on financial aid early next month, Investment Minister Osama Saleh said…
Egypt announces fuel price hikes
Business

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

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

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

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

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,…
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