International Monetary Fund (IMF)

Egypt denies intention to borrow from IMF next year
Business

Egypt denies intention to borrow from IMF next year

The Egyptian government currently has no intention to borrow money from the International Monetary Fund, according to the minister of…
World Bank expects Egypt GDP growth to reach 5% in 4 years
Business

World Bank expects Egypt GDP growth to reach 5% in 4 years

The World Bank expects Egypt's GDP growth to reach 5 percent over the next four years, according to an interview…
Govt agrees with 9 local banks to promote planned projects for March economic summit
Business

Govt agrees with 9 local banks to promote planned projects for March economic summit

Nine local investment banks have agreed with the Egyptian government to be responsible for promoting the projects that the officials…
MF cuts Egypt’s growth forecast to 3.5% in 2014/15
Business

MF cuts Egypt’s growth forecast to 3.5% in 2014/15

The International Monetary Fund (IMF) has cut Egypt's growth forecast to 3.5 percent in fiscal year 2014/15 down from 4.1…
IMF director: Fund to assess Egypt’s economy in November
Business

IMF director: Fund to assess Egypt’s economy in November

Egypt's Article IV consultations with the International Monetary Fund (IMF) will take place in November, IMF Director for the Middle…
Minister: IMF mission to visit Egypt by year’s end
Egypt

Minister: IMF mission to visit Egypt by year’s end

Egypt has invited a mission from the International Monetary Fund (IMF) to arrive in the country by the end of…
Egypt discusses economic reform with IMF
Business

Egypt discusses economic reform with IMF

Egypt is currently speaking with the International Monetary Fund (IMF) and World Bank Group (WBG) to discuss its reform program…
Finance Minister: Recent economic reforms solely Egypt’s decision
Business

Finance Minister: Recent economic reforms solely Egypt’s decision

Minister of Finance Hany Qadry Damian has admitted to Egypt’s absence from the world transparency rankings over the last three…
IMF: Egypt Growth rate at 2.3% in 2014
Business

IMF: Egypt Growth rate at 2.3% in 2014

Egypt growth in 2014 is expected to be broadly the same as in 2013, says the International Monetary Fund’s latest…
Egypt has postponed IMF loan decision ‘for time being’: Dep PM
Egypt

Egypt has postponed IMF loan decision ‘for time being’: Dep PM

Egypt’s government has postponed any decision on taking a US$4.8 billion loan package from the International Monetary Fund, Deputy Prime…
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