economic reform program

Egypt seeks 6% growth rate during upcoming fiscal year, Minister
Business

Egypt seeks 6% growth rate during upcoming fiscal year, Minister

Finance Minister Mohamed Maait said on Saturday that Egypt’s fiscal policy aims to raise economic growth rates to 6 percent…
IMF praises Egypt’s economic reform program, says all targets achieved
Business

IMF praises Egypt’s economic reform program, says all targets achieved

The International Monetary Fund (IMF) on Saturday praised Egypt’s remarkable macroeconomic improvement since the start of the economic reform program…
Egyptian cabinet approves state budget for 2019/2020
Business

Egyptian cabinet approves state budget for 2019/2020

The Egyptian cabinet approved on Wednesday the proposed state budget for fiscal year 2019/2020 as part of preparations to send…
Sisi reviews Egypt’s achievements at German conference
Egypt

Sisi reviews Egypt’s achievements at German conference

Egyptian President Abdel Fattah al-Sisi took part in a business lunch organized by the Munich Security Conference in the presence…
Egypt, Germany sign second tranche agreement to support reform program
Business

Egypt, Germany sign second tranche agreement to support reform program

Egypt and Germany signed the second tranche agreement of $250 million to support Egypt’s economic and social reform program, as…
Egypt receives $2bn tranche of IMF loan
Business

Egypt receives $2bn tranche of IMF loan

Egypt has received the fifth installment of the International Monetary Fund (IMF) loan, worth $2 billion, an official source at…
Egypt’s govt postpones abolishing electricity subsidies to 2022
Egypt

Egypt’s govt postpones abolishing electricity subsidies to 2022

  Electricity Minister Mohammed Shaker announced Sunday that the lifting of electricity subsidies has been postponed from the 2018-2019 fiscal…
IMF lauds Egypt’s progress in economic reform program
Business

IMF lauds Egypt’s progress in economic reform program

The First Deputy Director-General of the International Monetary Fund (IMF), David Lipton, hailed Egypt’s progress in implementing the economic reform…
Egypt will follow Singapore and Malaysia’s industrial, agricultural boom: Minister
Business

Egypt will follow Singapore and Malaysia’s industrial, agricultural boom: Minister

  Egyptian Finance Minister Mohamed Maait said that Egypt’s biggest challenge for the coming period is to follow path of…
Economic reform program concludes in 2019: Egypt’s PM
Business

Economic reform program concludes in 2019: Egypt’s PM

  Egyptian Prime Minister Mostafa Madbouly announced on Sunday that 2019 is expected to be the final phase of the…
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