IMF loan
Egypt’s central bank keeps interest rates unchanged
Economy
January 2, 2018
Egypt’s central bank keeps interest rates unchanged
Egypt’s central bank kept its key interest rates unchanged on Thursday as inflation remained in double digits a year after…
Third IMF loan installment will bridge funding gap: CBE source
Economy
December 24, 2017
Third IMF loan installment will bridge funding gap: CBE source
The third tranche of the International Monetary Fund (IMF) loan worth $2 billion will be used to support the state…
Egypt to receive $2 billion as part of IMF loan in June or July: Deputy Finance Minister
Egypt
December 24, 2017
Egypt to receive $2 billion as part of IMF loan in June or July: Deputy Finance Minister
Egypt will receive $2 billion in the fourth disbursal from a $12 billion International Monetary Fund loan in June or…
Egypt to receive third IMF loan installment within days: CBE source
Egypt
December 22, 2017
Egypt to receive third IMF loan installment within days: CBE source
A high-level source at the Central Bank of Egypt (CBE) said on Thursday that Egypt will receive the third installment…
Egypt inflation eases, paving way for looser monetary policy
Business
November 10, 2017
Egypt inflation eases, paving way for looser monetary policy
Egypt’s inflation dipped for the third month in a row in October after hitting a record high on energy price…
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,…
Egypt receives second IMF loan installment Tuesday
Business
July 18, 2017
Egypt receives second IMF loan installment Tuesday
Egypt received the second installment of the its International Monetary Fund (IMF) loan on Tuesday, the equivalent of $1.25 billion, said…
Egypt to receive $1.25 billion IMF loan
Business
July 14, 2017
Egypt to receive $1.25 billion IMF loan
Egypt is to receive a second loan installment worth $1.25 billion from the International Monetary Fund on Thursday night or…
Deutsche Bank projects Egypt inflation down to 20% by end of 2017
Economy
June 7, 2017
Deutsche Bank projects Egypt inflation down to 20% by end of 2017
Deutsche Bank projected on Monday that Egypt’s inflation will decline to approximately 20% by the end of 2017 – a…
Govt approves 15% pensions increase to contain soaring prices
Egypt
May 30, 2017
Govt approves 15% pensions increase to contain soaring prices
Egypt’s Cabinet approved on Monday an additional package of LE43 billion for social security, which included an LE20 billion increase…