International Monetary Fund (IMF)

Egypt expects $1 billion from the World Bank to support the budget within two months
Business

Egypt expects $1 billion from the World Bank to support the budget within two months

Egypt expects to receive dedicated budget support of around $1 billion from the World Bank during the first half of…
Egypt among three Arab countries on the list of largest economies in Africa in 2024: IMF
Economy

Egypt among three Arab countries on the list of largest economies in Africa in 2024: IMF

Three Arab countries – Egypt, Algeria, and Morocco – are among the top ten largest economies in Africa in 2024,…
Egypt expects IMF agreement to stimulate more foreign financing
Egypt

Egypt expects IMF agreement to stimulate more foreign financing

Egypt expects its new agreement with the International Monetary Fund (IMF) to stimulate foreign support totaling US$20 billion for the…
IMF Executive Board approves expanded US$8 billion loan to Egypt
Business

IMF Executive Board approves expanded US$8 billion loan to Egypt

The Executive Board of the International Monetary Fund (IMF) on Friday completed the first and second reviews of the extended…
Goldman Sachs expects surplus in foreign financing to Egypt
Business

Goldman Sachs expects surplus in foreign financing to Egypt

The Goldman Sachs bank expects a surplus in foreign financing to Egypt worth US$26.5 billion over the next four years,…
Egypt awaits up to US$6 billion from the European Union
Business

Egypt awaits up to US$6 billion from the European Union

Egypt expects to receive about five to six billion dollars (LE246 to LE296 billion) in funding from the European Union…
IMF agrees to increase funding program for Egypt to $8 billion
Egypt

IMF agrees to increase funding program for Egypt to $8 billion

Prime Minister Mostafa Madbouly announced that Egypt signed an agreement on Wednesday with the International Monetary Fund (IMF) to increase…
International Monetary Fund comments on Egypt’s Ras al-Hikma deal
Business

International Monetary Fund comments on Egypt’s Ras al-Hikma deal

The Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva, said that Egypt’s announcement on Friday of a $35…
IMF sees ‘excellent progress’ in talks with Egypt
Business

IMF sees ‘excellent progress’ in talks with Egypt

An International Monetary Fund (IMF) official said that the fund continues to make excellent progress on discussions with the Egyptian…
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