economic reform program
BMI Research predicts Egypt to become an economic outperformer in 2018
Economy
February 4, 2018
BMI Research predicts Egypt to become an economic outperformer in 2018
A February BMI Research report predicted that Egypt will stand out as the economic outperformer of 2018 and applauded the…
IMF official expects Egypt growth rate around 5% in 2018
Business
January 30, 2018
IMF official expects Egypt growth rate around 5% in 2018
Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Jihad Azour expects Egypt’s economic…
Egyptians will start feeling effects of reforms in 2018: IMF
Business
November 27, 2017
Egyptians will start feeling effects of reforms in 2018: IMF
International Monetary Fund (IMF) mission chief for Egypt Subir Lall said on Sunday that Egyptians will start feeling the effects…
S&P lifts Egypt’s sovereign rating outlook to ‘positive’
Business
November 11, 2017
S&P lifts Egypt’s sovereign rating outlook to ‘positive’
International rating agency Standard and Poor’s (S&P) raised on Friday Egypt’s sovereign rating outlook to ‘positive’ from ‘stable’. S&P affirmed Egypt’s…
Nasr discusses education, transportation and sanitation support with WB officials
Economy
October 15, 2017
Nasr discusses education, transportation and sanitation support with WB officials
On Saturday Minister of Investment and International Cooperation, Sahar Nasr, met with the World Bank Vice-President for the Middle East, Hafez…
Egypt expects $2 bn IMF loan installment by next month
Business
October 14, 2017
Egypt expects $2 bn IMF loan installment by next month
Egypt’s Finance Minister, Amr al-Garhy, anticipates the country will receive another installment of the International Monetary Fund (IMF) loan worth $2 billion,…
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
Economy
May 18, 2017
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
The International Monetary Fund is encouraged by Egypt’s efforts to remove fuel subsidies within three years and push inflation down…
Egypt negotiating with G-8 countries on economic support: minister
Business
March 28, 2017
Egypt negotiating with G-8 countries on economic support: minister
Sahar Nasr, Minister of International Cooperation, announced that the government is continuing its negotiations with the G-8 countries to fulfill…
Egypt prepares for third year of reform after IMF loan
Egypt
November 13, 2016
Egypt prepares for third year of reform after IMF loan
Egypt's government began elaborating the details for the third year of the economic reform program, after it received the first…
Payments figures add to pressure for IMF deal
Business
March 15, 2013
Payments figures add to pressure for IMF deal
The country's current account deficit narrowed in July-December, data showed on Thursday, but economists said it remained a major problem…