International Monetary Fund (IMF)

IMF expects Egypt to achieve 4th highest growth rate among global economies
Business

IMF expects Egypt to achieve 4th highest growth rate among global economies

The Egyptian Cabinet’s Media Center said on Sunday that the International Monetary Fund expects Egypt to achieve the fourth highest…
Egypt starts talks on new IMF loan during spring meetings
Business

Egypt starts talks on new IMF loan during spring meetings

The annual spring meetings of the International Monetary Fund and the World Bank will kick off in Washington, DC with…
MP: reform program is behind World Bank’s expectations with 5.5% growth in Egypt economy
Business

MP: reform program is behind World Bank’s expectations with 5.5% growth in Egypt economy

Under secretary of the Senate’s Irrigation and Agriculture Committee, Gamal Aboul-Fotouh said on Monday that the success of the economic…
Yemen to get $655 mln of IMF reserves in new SDR allocation
Middle East

Yemen to get $655 mln of IMF reserves in new SDR allocation

ADEN, Aug 23 (Reuters) – Yemen will receive about $665 million worth of reserves from the International Monetary Fund (IMF)…
Now in charge, Tunisian president faces looming fiscal crisis
Middle East

Now in charge, Tunisian president faces looming fiscal crisis

TUNIS, Aug 17 (Reuters) – At the Sidi Bahri market in Tunis, shoppers were pleased with the president’s attacks on…
Egypt eager to increase funding on health and education sectors: Minister
Business

Egypt eager to increase funding on health and education sectors: Minister

Finance Minister Mohamed Maait announced that Egypt aims to boost spending on its health, education and social development sectors to…
Tourism in Egypt is the biggest loser of COVID-19: IMF official
Travel

Tourism in Egypt is the biggest loser of COVID-19: IMF official

The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said on Saturday that the tourism sector in Egypt…
Egypt expects US$1.6 billion IMF loan by the end of December: Minister
Business

Egypt expects US$1.6 billion IMF loan by the end of December: Minister

Egypt’s Finance Minister Mohamed Maait announced Monday that a US$1.6 billion tranche from the International Monetary Fund (IMF) is anticipated…
Tax revenues represent over 80 percent of Egypt’s state budget in Egypt: Official
Business

Tax revenues represent over 80 percent of Egypt’s state budget in Egypt: Official

The Egyptian Tax Authority’s (ETA) revenues represent more than 80 percent of the state’s general budget, said an official within…
Sisi holds two meetings, discussing IMF’s economic evaluation and clean energy vehicles
Business

Sisi holds two meetings, discussing IMF’s economic evaluation and clean energy vehicles

Egyptian President Abdel Fattah al-Sisi held two meetings on Saturday, one to discuss an agreement with the International Monetary fund…
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