International Monetary Fund
External debt is $79 bn, says Finance Minister after financial outlook improves
Business
January 17, 2018
External debt is $79 bn, says Finance Minister after financial outlook improves
Minister of Finance Amr al-Jarhi stated on Tuesday that Egypt’s external debt stood at $79 billion at the end of…
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…
Serbia’s pensioners rally against government austerity measures
World
October 26, 2017
Serbia’s pensioners rally against government austerity measures
Hundreds of Serbian pensioners rallied in Belgrade on Thursday to protest austerity measures introduced as part of a 1.2 billion…
Ukraine passes long-delayed health reforms praised by West
World
October 19, 2017
Ukraine passes long-delayed health reforms praised by West
Ukrainian lawmakers voted through a long-delayed overhaul of the health system on Thursday that the state’s Western backers say will…
Egypt budget deficit down to 8 pct of GDP in first nine months of 2016-17
Economy
September 15, 2017
Egypt budget deficit down to 8 pct of GDP in first nine months of 2016-17
Egypt’s budget deficit for the first nine months of the 2016-17 fiscal year ending in June dipped to 8 percent…
Urging reforms, Poroshenko says Ukraine can’t cope without IMF
World
September 7, 2017
Urging reforms, Poroshenko says Ukraine can’t cope without IMF
President Petro Poroshenko said on Thursday that Ukraine would be extremely vulnerable if it failed to stick with its IMF…
Egypt increases cost of water by up to 50%
Egypt
August 3, 2017
Egypt increases cost of water by up to 50%
Egypt’s Prime Minister Sherif Ismail signed off on Wednesday to raise drinking water and sewage fees starting August by as…
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…
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
Economy
May 18, 2017
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
The International Monetary Fund is encouraged by Egypt’s efforts to remove fuel subsidies within three years and push inflation down…
IMF says more reforms still needed by Mideast oil exporters
Middle East
May 2, 2017
IMF says more reforms still needed by Mideast oil exporters
The International Monetary Fund said on Tuesday oil exporting countries in the Middle East continue to have the world's largest…