IMF
IMF estimates Egypt’s budget deficit to reach 11% of GDP in 2014/15
Business
November 26, 2014
IMF estimates Egypt’s budget deficit to reach 11% of GDP in 2014/15
The International Monetary Fund (IMF) estimates that Egypt's budget deficit will reach about 11 percent of GDP in 2014/15, as…
IMF to hold consultations with Egypt on Article IV next week
Business
November 1, 2014
IMF to hold consultations with Egypt on Article IV next week
The International Monetary Fund (IMF) has announced that it will send a mission to Egypt, led by chief Chris Jarvis…
IMF’s Lagarde put under investigation in French fraud case: source
World
August 27, 2014
IMF’s Lagarde put under investigation in French fraud case: source
IMF chief Christine Lagarde has been placed under formal investigation by French magistrates on Wednesday for her alleged role in…
Finance Ministry seeks US$10.4 billion loan from IMF
Business
August 17, 2014
Finance Ministry seeks US$10.4 billion loan from IMF
An informed governmental source said Finance Minister Hani Qadri Demian will try to convince the Cabinet to resume negotiations with…
IMF praises economic reform measures in Egypt
Egypt
August 10, 2014
IMF praises economic reform measures in Egypt
Masood Ahmed, director of the International Monetary Fund's Middle East and Central Asia Department, said “Egypt has applied hard and…
Officials: Goverment to resume talks with IMF
Business
May 20, 2014
Officials: Goverment to resume talks with IMF
Informed governmental sources disclosed intentions to resume suspended talks with the International Monetary Fund (IMF) without giving details over date…
IMF throws Ukraine financial lifeline, Russian economy to slump
World
March 27, 2014
IMF throws Ukraine financial lifeline, Russian economy to slump
Ukraine won a $27-billion international financial lifeline on Thursday, rushed through in the wake of Russia's annexation of Crimea, as…
Egypt to pay US$1.5 bn arrears to foreign oil companies, says Finance Minister
Egypt
December 4, 2013
Egypt to pay US$1.5 bn arrears to foreign oil companies, says Finance Minister
The Finance Ministry and the Central Bank of Egypt (CBE) have agreed to pay US$1.5 billion of the Petroleum Authority’s…
IMF says still ready to aid Egypt when needed
Business
November 12, 2013
IMF says still ready to aid Egypt when needed
The International Monetary Fund remains ready to provide aid to Egypt when Cairo requests it, a senior IMF official said…
Egypt well on IMF’s horizons, Lagarde says
Business
November 11, 2013
Egypt well on IMF’s horizons, Lagarde says
Christine Lagarde, head of the International Monetary Fund (IMF), said Egypt is well on the horizons of the fund. In her…