The International Monetary Fund (IMF)
IMF calls on Egypt to devaluate Egyptian pound against US dollar again
Economy
July 31, 2024
IMF calls on Egypt to devaluate Egyptian pound against US dollar again
The head of the International Monetary Fund (IMF) mission in Egypt, Ivanna Vladkova Hollar, said that there are no reforms…
IMF says it has made excellent progress in reviewing Egypt’s reforms
Egypt
February 3, 2024
IMF says it has made excellent progress in reviewing Egypt’s reforms
The International Monetary Fund (IMF) announced on Thursday that it has concluded its delegation’s visit to Cairo, led by Ivanna…
IMF begins review of Egypt’s economic reform program
Egypt
January 21, 2024
IMF begins review of Egypt’s economic reform program
An International Monetary Fund (IMF) team, led by the head of the fund’s mission to Egypt Ivanna Vladkova Hollar, began…
Exchange rate flexibility is important for Egypt: IMF
Egypt
December 18, 2022
Exchange rate flexibility is important for Egypt: IMF
The International Monetary Fund said on Friday that exchange rate flexibility is important for Egypt. “In the past, a heavily…
Fitch affirms Egypt’s credit rating at B+
Business
April 23, 2022
Fitch affirms Egypt’s credit rating at B+
Fitch Ratings affirmed Egypt’s credit at “B+” with a stable outlook for the fourth time. Egypt’s ratings are supported by…
Egypt anticipates US$1.6 billion from IMF within weeks
Egypt
November 21, 2020
Egypt anticipates US$1.6 billion from IMF within weeks
An International Monetary Fund (IMF) team led by Uma Ramakrishnan held a virtual meeting session with Egyptian officials from November…
Egypt’s Cabinet denies economic crisis caused by IMF conditions
Economy
April 16, 2019
Egypt’s Cabinet denies economic crisis caused by IMF conditions
The Egyptian Cabinet’s media center denied rumors on social media that Egypt is undergoing a severe economic crisis thanks to…
IMF chief warns of high Arab public debt
Business
February 9, 2019
IMF chief warns of high Arab public debt
Public debt has rapidly increased in many Arab countries since the 2008 global financial crisis, due to persistently high budget…
Egypt receives $2bn tranche of IMF loan
Business
February 6, 2019
Egypt receives $2bn tranche of IMF loan
Egypt has received the fifth installment of the International Monetary Fund (IMF) loan, worth $2 billion, an official source at…
Bloomberg: Egypt plans to negotiate $6 billion loan with IMF in June
Egypt
May 24, 2015
Bloomberg: Egypt plans to negotiate $6 billion loan with IMF in June
The Egyptian government plans to negotiate a US$6 billion loan with the International Monetary Fund (IMF) to close the financing…