International Monetary Fund (IMF)

News IMF approves $6 bn loan for Pakistan
World

News IMF approves $6 bn loan for Pakistan

The International Monetary Fund on Wednesday approved a $6 billion, three-year loan for Pakistan to help right the South Asian…
US Dollar exchange rate in Egypt declines further
Business

US Dollar exchange rate in Egypt declines further

US dollar prices slightly declined against the Egyptian pound in several banks on Sunday. The US currency saw an average…
Last loan!
Opinion

Last loan!

The fact that we won’t ask for a new loan from the International Monetary Fund (IMF), with the final tranche…
Egypt’s economy seen growing 5.5 pct in year to end of June
Business

Egypt’s economy seen growing 5.5 pct in year to end of June

CAIRO (Reuters) – Egypt’s economy is expected to grow 5.5 percent in the fiscal year that ends in June, according…
Argentina: Thousands launch anti-austerity strike
World

Argentina: Thousands launch anti-austerity strike

Tens of thousands of Argentines protested against President Mauricio Macri’s austerity drive on Tuesday after labor unions began a 24-hour partial…
Egypt’s govt postpones abolishing electricity subsidies to 2022
Egypt

Egypt’s govt postpones abolishing electricity subsidies to 2022

  Electricity Minister Mohammed Shaker announced Sunday that the lifting of electricity subsidies has been postponed from the 2018-2019 fiscal…
Economic reform program concludes in 2019: Egypt’s PM
Business

Economic reform program concludes in 2019: Egypt’s PM

  Egyptian Prime Minister Mostafa Madbouly announced on Sunday that 2019 is expected to be the final phase of the…
Egypt to repay IMF loan starting in May 2021: Government sources
Business

Egypt to repay IMF loan starting in May 2021: Government sources

  Egypt will begin repaying the International Monetary Fund (IMF) loan in May 2021 with a tranche worth US $2.75…
Egypt to host African Caucus for WB, IMF on Sunday and Monday
Business

Egypt to host African Caucus for WB, IMF on Sunday and Monday

  Egypt will host the annual meetings for the African Caucus for the World Bank (WB) and the International Monetary…
IMF approves 4th tranche of Egypt’s $12 billion loan
Economy

IMF approves 4th tranche of Egypt’s $12 billion loan

Egypt received the approval of the International Monetary Fund (IMF) on Friday for its fourth tranche of its $12 billion…
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