The International Monetary Fund (IMF)

Fitch affirms Egypt’s credit rating at B+
Business

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

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

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

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

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

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…
IMF revises upward its 2015 GDP growth forecast for Egypt to 3.8 %
Egypt

IMF revises upward its 2015 GDP growth forecast for Egypt to 3.8 %

The International Monetary Fund (IMF) has revised upward its 2015 GDP growth forecast for Egypt 30 bps to 3.8 percent…
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