monetary policy
Central Bank of Egypt announces interest rate increase
Business
March 21, 2022
Central Bank of Egypt announces interest rate increase
The Monetary Policy Committee of the Central Bank of Egypt decided in its extraordinary meeting on Monday to raise…
Egypt’s central bank makes third straight cut to interest rates
Economy
November 15, 2019
Egypt’s central bank makes third straight cut to interest rates
Egypt’s central bank cut its key interest rates on Thursday for the third consecutive time, after inflation fell to its…
CBE cuts interest rates by 100 basis points
Business
September 27, 2019
CBE cuts interest rates by 100 basis points
The Central Bank of Egypt (CBE)’s Monetary Policy Committee decided on Thursday to cut interest rates by 100 basis points,…
Egypt’s economy growth rate to reach 4.8% in FY2017/18: IMF
Economy
January 24, 2018
Egypt’s economy growth rate to reach 4.8% in FY2017/18: IMF
The growth rate of Egypt’s economy increased from 3.5 percent in the fiscal year 2015-2016 to 4.2 percent in fiscal year…
Egypt’s external debt rises by 40.8%
Business
April 4, 2017
Egypt’s external debt rises by 40.8%
Egypt's total external debt rose by 40.8 percent year-on-year in the first half of the fiscal year 2016-2017, while domestic…
G20 communique says monetary policy alone cannot bring balanced growth
Business
February 27, 2016
G20 communique says monetary policy alone cannot bring balanced growth
Policymakers from the world's top economies said on Saturday that the world needs to look beyond easy monetary policy to…
Egypt’s economy: From crisis to crash
Opinion
March 26, 2013
Egypt’s economy: From crisis to crash
Since February 2011, Egyptian authorities have designed their fiscal, monetary and exchange rate policies for the sole purpose of preventing…
Is the Central Bank’s independence on the line?
Business
December 23, 2012
Is the Central Bank’s independence on the line?
The Central Bank of Egypt has been making headlines recently, not least of which due to the dire state of…