IMF loan
IMF delegation to review Egypt’s austerity program within days
Egypt
April 29, 2017
IMF delegation to review Egypt’s austerity program within days
Egypt's Deputy Finance Minister Ahmed Kouchouk said that a mission from the International Monetary Fund (IMF) expects to visit Cairo…
Moody’s sees Egypt’s economy growing but reforms slipping
Business
March 30, 2017
Moody’s sees Egypt’s economy growing but reforms slipping
The economic picture for Egypt is improving, ratings agency Moody's said on Wednesday, but a public backlash will likely lead…
IMF delegation to review Egypt’s austerity program in April visit
Egypt
March 16, 2017
IMF delegation to review Egypt’s austerity program in April visit
An International Monetary Fund mission will visit Cairo from April 28 to May 8 to review Egypt's economic reform program…
Egypt prepares for IMF’s quarterly review of its austerity program
Egypt
February 25, 2017
Egypt prepares for IMF’s quarterly review of its austerity program
The Egyptian government undertook several preparations to receive the mission of the International Monetary Fund (IMF), tasked with reviewing the…
IMF to review Egypt’s economic reforms progress before second loan tranche
Business
February 4, 2017
IMF to review Egypt’s economic reforms progress before second loan tranche
A delegation from the International Monetary Fund (IMF) started meetings in Cairo with ministers of the economic group of the…
Egypt is planning new cuts to energy subsidies, says Finance Minister
Business
January 16, 2017
Egypt is planning new cuts to energy subsidies, says Finance Minister
Egypt's Finance Minister Amr al-Garhy said on Sunday the government is studying the application of new cuts to fuel subsidies. The…
Egypt’s $12 bln IMF loan carries interest rate of 1.5-1.75 pct -fin min
Business
January 15, 2017
Egypt’s $12 bln IMF loan carries interest rate of 1.5-1.75 pct -fin min
Egypt's $12 billion three-year loan programme from the International Monetary Fund carries an interest rate of 1.5 to 1.75 percent,…
IMF’s Egypt loan shows extent and risks of its Middle East role
Egypt
November 14, 2016
IMF’s Egypt loan shows extent and risks of its Middle East role
On the morning after the election, Alia Ali had a sickening feeling as she headed to her job as a…
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…
IMF bailout for Egypt seeks major reduction in public debt
Business
November 12, 2016
IMF bailout for Egypt seeks major reduction in public debt
The International Monetary Fund said on Friday that its $12 billion bailout program for Egypt aims to reduce the country's…