International Monetary Fund (IMF)

Egypt succeeds in significantly decreasing budget deficit
Business

Egypt succeeds in significantly decreasing budget deficit

Egypt has succeeded in significantly lowering the budget deficit due to the adopted economic reform polices, especially in the taxes…
Newspaper: Govt close to IMF loan
Business

Newspaper: Govt close to IMF loan

The Egyptian government is nearing a deal with the International Monetary Fund for a financial loan that Egypt hopes would…
Egypt denied new loans due to misusing previous ones
Business

Egypt denied new loans due to misusing previous ones

Egypt has been denied fresh loans by international lenders, due to failing to employ past loans for the use of…
Government officials: Greece tapped reserves at IMF to make debt repayment
World

Government officials: Greece tapped reserves at IMF to make debt repayment

Greece tapped emergency reserves in its holding account at the International Monetary Fund to make a crucial 750 million euro…
Exclusive: Greece scrapes bottom of barrel in hunt for cash to stay afloat
World

Exclusive: Greece scrapes bottom of barrel in hunt for cash to stay afloat

Greece will need to tap all the remaining cash reserves across its public sector -- a total of 2 billion…
Greek economy minister sees deal with EU/IMF on reforms next week
World

Greek economy minister sees deal with EU/IMF on reforms next week

Greece should reach a deal with its eurozone partners and the International Monetary Fund next week on a package of…
IMF chief praises ‘rich tax’, 2 days after cancellation
Business

IMF chief praises ‘rich tax’, 2 days after cancellation

Egypt’s state news agency MENA quoted International Monetary Fund chief, Christine Lagarde, in an interview published on Thursday, as praising…
IMF chief to attend Egypt’s economic summit
Business

IMF chief to attend Egypt’s economic summit

International Monetary Fund (IMF) President Christine Lagarde will attend Egypt’s most-anticipated economic summit in March, an IMF spokesperson said to…
Finance minister: Egypt has no concrete plans for IMF package now
Egypt

Finance minister: Egypt has no concrete plans for IMF package now

 Egypt's finance minister said on Wednesday there were no plans for now to consider an IMF financing package after the…
Source: IMF urges central bank to unify currency exchange rates
Business

Source: IMF urges central bank to unify currency exchange rates

The International Monetary Fund has urged the Central Bank of Egypt to unify currency exchange rates at banks and exchange…
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