International Monetary Fund (IMF)
President Sisi orders revision to Egypt’s program with the IMF
Business
October 21, 2024
President Sisi orders revision to Egypt’s program with the IMF
Egyptian President Abdel Fattah al-Sisi called on the government to review Egypt’s program with the International Monetary Fund (IMF) in…
House of Representatives approves increasing Egypt’s share in the IMF
Business
October 8, 2024
House of Representatives approves increasing Egypt’s share in the IMF
The House of Representatives approved during a plenary session on Monday increasing Egypt’s share in the International Monetary Fund by…
IMF eases support package conditions for Egypt
Business
August 28, 2024
IMF eases support package conditions for Egypt
The International Monetary Fund (IMF) announced in a review that it has eased several conditions in its eight billion dollar…
IMF lauds improved Egyptian economy, allows immediate draw of $820mn
Egypt
July 31, 2024
IMF lauds improved Egyptian economy, allows immediate draw of $820mn
The Executive Board of the International Monetary Fund (IMF) has completed the third review of Egypt’s Extended Fund Facility (EFF)…
Egypt amongst top 10 countries borrowing the most from the International Monetary Fund
Economy
July 13, 2024
Egypt amongst top 10 countries borrowing the most from the International Monetary Fund
The main stated goal of the International Monetary Fund (IMF) is to help countries overcome their economic problems and to…
US dollar exchange rate against the Egyptian pound on Friday
Business
July 5, 2024
US dollar exchange rate against the Egyptian pound on Friday
The exchange rate of the US dollar against the Egyptian pound stabilized on Friday after the last decline recorded on…
IMF, Egypt reaches staff level agreement worth US$820 million
Business
June 8, 2024
IMF, Egypt reaches staff level agreement worth US$820 million
The International Monetary Fund (IMF) announced on Thursday that it reached a staff level agreement with Egyptian authorities on a…
New report from IMF affirms Egypt’s continued commitment to reform program
Egypt
April 28, 2024
New report from IMF affirms Egypt’s continued commitment to reform program
The International Monetary Fund (IMF) confirmed that Egypt remains committed to continuing its economic reform program. The IMF added in…
Egypt participates in launching financing platform between 10 international banks
Business
April 22, 2024
Egypt participates in launching financing platform between 10 international banks
Minister of International Cooperation and Governor of Egypt at the World Bank Group, Rania al-Mashat, participated in the launch of…
IMF director: We are committed to supporting Egypt
Business
April 21, 2024
IMF director: We are committed to supporting Egypt
Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said the fund remains committed to supporting Egypt in going…