IMF

CBE governor to chair annual meetings of World Bank Group and IMF in October
Business

CBE governor to chair annual meetings of World Bank Group and IMF in October

The World Bank Group has chosen Tarek Amer, Governor of the Central Bank of Egypt (CBE), to chair the upcoming…
Cash reserves within safe limits, cover six months: Banque du Caire head
Business

Cash reserves within safe limits, cover six months: Banque du Caire head

The Central Bank of Egypt uses its tools with flexibility and unconventional form to maintain price levels, Tarek Fayed, Chairman…
Egypt’s public debt to GDP ratio expected to decline to pre-pandemic levels: IMF
Business

Egypt’s public debt to GDP ratio expected to decline to pre-pandemic levels: IMF

The International Monetary Fund (IMF) expects that the ratio of public debt to GDP in Egypt will decline to the…
Egypt presents its economic reform experience at the World Bank and IMF Spring Meetings
Economy

Egypt presents its economic reform experience at the World Bank and IMF Spring Meetings

Egyptian Finance Minister Mohamed Maait presented his country’s experience in economic reform before the Spring Meetings of the World Bank…
Lebanon declares bankruptcy, government appeals to stop losses
Business

Lebanon declares bankruptcy, government appeals to stop losses

  Deputy Prime Minister of the Lebanese Government Saadeh al-Shami announced on Monday “the bankruptcy of the state and the…
In support of Egypt, Saudi Arabia provides billions as a deposit with CBE
Egypt

In support of Egypt, Saudi Arabia provides billions as a deposit with CBE

  The Kingdom of Saudi Arabia in implementation of the directives of the Custodian of the Two Holy Mosques, King…
Egypt’s new program with IMF won’t entail more burdens on citizens: Minister
Egypt

Egypt’s new program with IMF won’t entail more burdens on citizens: Minister

Egyptian Finance Minister Mohamed Maait assured that the state’s latest program with the International Monetary Fund does not include any…
Egypt officially requests IMF support with new economic reform program
Business

Egypt officially requests IMF support with new economic reform program

In light of the current economic developments, Egypt has submitted a request to the International Monetary Fund (IMF) to start…
Lebanon’s Maronite Patriarch calls for timely elections, cooperation with IMF
Middle East

Lebanon’s Maronite Patriarch calls for timely elections, cooperation with IMF

BEIRUT, Feb 9 (Reuters) – Lebanon’s top Christian cleric, Bechara Boutros Al-Rai, said on Wednesday that the country should cooperate…
World Bank berates Lebanon’s elite for ‘zombie’ economy
Middle East

World Bank berates Lebanon’s elite for ‘zombie’ economy

DUBAI, Jan 25 (Reuters) – The World Bank blasted Lebanon’s ruling class on Tuesday for “orchestrating” one of the world’s…
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