International Monetary Fund

Jordan reshuffles cabinet in bid to speed up IMF-guided reforms: officials
Middle East

Jordan reshuffles cabinet in bid to speed up IMF-guided reforms: officials

  AMMAN (Reuters) – Jordan’s Prime Minister Omar al-Razzaz announced a cabinet reshuffle on Thursday, which officials said consolidated the…
Lebanon’s Berri cites ‘positive atmosphere’ over government: al-Manar
Middle East

Lebanon’s Berri cites ‘positive atmosphere’ over government: al-Manar

  BEIRUT (Reuters) – Lebanese Parliament Speaker Nabih Berri said on Wednesday some saw “a positive, promising atmosphere” in talks…
US-China trade war sparks IMF global growth cut warning
World

US-China trade war sparks IMF global growth cut warning

  The US-China trade war will hobble global growth, the International Monetary Fund warned Tuesday, cutting its forecast for this…
A year after US sanctions ended, Sudan’s economy unravels
Middle East

A year after US sanctions ended, Sudan’s economy unravels

  KHARTOUM (Reuters) – For 22 years Mohamed Mahmoud deposited his law practice’s cash in a bank near his Khartoum…
Venezuela issues new currency, amid hyperinflation and social turmoil
World

Venezuela issues new currency, amid hyperinflation and social turmoil

(CNN) – Venezuela issued a new currency Monday in an attempt to bolster its crumbling economy as the International Monetary…
IMF continues to praise Egypt’s economic reforms in its third review
Economy

IMF continues to praise Egypt’s economic reforms in its third review

The International Monetary Fund (IMF) praised Egypt’s economic reforms during its third review of the country’s loan program on Thursday,…
Foreign reserves rise to $44.2 bn by end of June
Business

Foreign reserves rise to $44.2 bn by end of June

  The Central Bank of Egypt (CBE)’s foreign cash reserves rose by $119 million in June to reach a total…
IMF urges Egypt to maintain tight monetary policy to ward off inflation
Business

IMF urges Egypt to maintain tight monetary policy to ward off inflation

  Egypt should maintain tight monetary policy to contain the risk of inflation as a result of fuel and electricity…
Ukraine parliament approves anti-corruption court law in first reading
World

Ukraine parliament approves anti-corruption court law in first reading

The Ukrainian parliament on Thursday approved in the first reading a draft law to create an anti-corruption court, a step…
Sudanese ambassador to return to Egypt “very soon”: Egypt FM
Egypt

Sudanese ambassador to return to Egypt “very soon”: Egypt FM

Egypt’s Foreign Minister Sameh Shoukry declared that the Sudanese ambassador, who has been recalled to Sudan, will be returning to…
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