International Monetary Fund (IMF)
Egypt amongst top 10 countries borrowing the most from the International Monetary Fund
Economy
July 13, 2024
Egypt amongst top 10 countries borrowing the most from the International Monetary Fund
The main stated goal of the International Monetary Fund (IMF) is to help countries overcome their economic problems and to…
US dollar exchange rate against the Egyptian pound on Friday
Business
July 5, 2024
US dollar exchange rate against the Egyptian pound on Friday
The exchange rate of the US dollar against the Egyptian pound stabilized on Friday after the last decline recorded on…
IMF, Egypt reaches staff level agreement worth US$820 million
Business
June 8, 2024
IMF, Egypt reaches staff level agreement worth US$820 million
The International Monetary Fund (IMF) announced on Thursday that it reached a staff level agreement with Egyptian authorities on a…
New report from IMF affirms Egypt’s continued commitment to reform program
Egypt
April 28, 2024
New report from IMF affirms Egypt’s continued commitment to reform program
The International Monetary Fund (IMF) confirmed that Egypt remains committed to continuing its economic reform program. The IMF added in…
Egypt participates in launching financing platform between 10 international banks
Business
April 22, 2024
Egypt participates in launching financing platform between 10 international banks
Minister of International Cooperation and Governor of Egypt at the World Bank Group, Rania al-Mashat, participated in the launch of…
IMF director: We are committed to supporting Egypt
Business
April 21, 2024
IMF director: We are committed to supporting Egypt
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said the fund remains committed to supporting Egypt in going…
Egypt expects $1 billion from the World Bank to support the budget within two months
Business
April 19, 2024
Egypt expects $1 billion from the World Bank to support the budget within two months
Egypt expects to receive dedicated budget support of around $1 billion from the World Bank during the first half of…
Egypt among three Arab countries on the list of largest economies in Africa in 2024: IMF
Economy
April 18, 2024
Egypt among three Arab countries on the list of largest economies in Africa in 2024: IMF
Three Arab countries – Egypt, Algeria, and Morocco – are among the top ten largest economies in Africa in 2024,…
IMF official says Ras al-Hikma deal recognizes the potential of Egypt’s economy to generate additional tourism revenues
Business
April 10, 2024
IMF official says Ras al-Hikma deal recognizes the potential of Egypt’s economy to generate additional tourism revenues
International Monetary Fund (IMF) Mission Chief for Egypt Ivanna Vladkova Hollar said that the Ras al-Hikma deal, which is worth…
Egypt expects IMF agreement to stimulate more foreign financing
Egypt
March 31, 2024
Egypt expects IMF agreement to stimulate more foreign financing
Egypt expects its new agreement with the International Monetary Fund (IMF) to stimulate foreign support totaling US$20 billion for the…