International Monetary Fund
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…
IMF chief praises economic reform progress in Egypt
Business
April 6, 2017
IMF chief praises economic reform progress in Egypt
President Abdel Fattah al-Sisi met with Christine Lagarde, Managing Director of the International Monetary Fund, on Wednesday while on an official visit in Washington.
Egypt targeting US$9 billion in foreign financing in FY 2017/18
Business
March 22, 2017
Egypt targeting US$9 billion in foreign financing in FY 2017/18
Egypt is targeting US$9 billion in foreign financing in the 2017/18 fiscal year, Deputy Finance Minister Ahmed Kouchouk told Reuters…
Egypt on track to receive IMF loan’s second tranche
Egypt
March 20, 2017
Egypt on track to receive IMF loan’s second tranche
Egypt is on track to receive the second tranche of a US$12 billion three-year loan from the International Monetary Fund…
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…