International Monetary Fund (IMF)

IMF places US$3bn at disposal of Egypt
Business

IMF places US$3bn at disposal of Egypt

The International Monetary Fund (IMF) has placed US$3 billion at the disposal of Egypt to use whenever it wishes, even…
Egypt rejection of IMF cash may slow recovery
Business

Egypt rejection of IMF cash may slow recovery

Egypt's decision to scrap plans to borrow from the International Monetary Fund may slow an economic recovery, delay a solution…
IMF to discuss Egypt’s budget amendments
Business

IMF to discuss Egypt’s budget amendments

Egypt told the International Monetary Fund (IMF) that it plans to amend the state budget for the new financial year,…
IMF to review proposed Egyptian budget changes
Egypt

IMF to review proposed Egyptian budget changes

WASHINGTON--Egypt has informed the International Monetary Fund of plans to revise the country's budget, an IMF spokesman said on Thursday.…
Lagarde says Egypt positive on her bid to head IMF
Egypt

Lagarde says Egypt positive on her bid to head IMF

French Finance Minister Christine Lagarde said on Sunday she had received "very affirmative" support from the Egyptian government for her…
Egypt seals US$3 billion IMF accord
Business

Egypt seals US$3 billion IMF accord

The International Monetary Fund (IMF) agreed a US$3 billion financing deal with Egypt on Sunday and praised the policies of…
IMF welcomes Egypt budget reforms, businessmen skeptical
Business

IMF welcomes Egypt budget reforms, businessmen skeptical

The International Monetary Fund (IMF) welcomed the social reforms announced by the Egyptian government as part of the state budget…
Egypt seeks US$12 billion from lenders
Business

Egypt seeks US$12 billion from lenders

Washington--Egypt has requested help from the International Monetary Fund to help bridge a gap in government funding that will total…
Egypt still in talks with IMF on up to US$4 bln loan
Business

Egypt still in talks with IMF on up to US$4 bln loan

Kuwait--Egypt's government is still in talks with the International Monetary Fund for a US$3 billion to US$4 billion loan and…
IMF calls on Egypt to abolish subsidies on petroleum products
Business

IMF calls on Egypt to abolish subsidies on petroleum products

The International Monetary Fund (IMF) has projected an increase in Egypt’s inflation rate, which, the organization noted, would further burden…
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