Egypt is a step closer to receiving a $5.2 billion standby loan that will help it cope …
Gerry Rice
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FeatureFinancial InstitutionsMoney
IMF working with Egypt on Stand-By agreement to support a strong economic recovery
The International Monetary Fund is working with Egyptian authorities on a Stand-By agreement (SBA) to design strong …
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FeatureFinancial InstitutionsMoney
Egypt’s $2.8 billion IMF pandemic financing carries interest rate of 1% – spokesman
Egypt’s $2.8 billion emergency financing from the International Monetary Fund carries an interest rate of around one …
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FeatureFinancial InstitutionsMoney
IMF says Egypt needs new ‘reform programme’ to develop private sector
The International Monetary Fund (IMF) on Thursday recommend that Egypt needs a new package of reforms geared …
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Financial Institutions
IMF: Egypt to get $2.75 billion on Friday if board approves bailout
by Yomna Yasserby Yomna YasserThe International Monetary Fund will disburse an initial $2.75 million loan tranche to Egypt on Friday assuming …
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Financial Institutions
IMF expects board to consider Egypt $12 billion loan within weeks
by Yomna Yasserby Yomna YasserThe International Monetary Fund announced Thursday that a $12 billion loan programme for Egypt should soon be …
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Financial Institutions
IMF sees “productive” talks on Egypt loans with Saudi Arabia, China
by Yomna Yasserby Yomna YasserThe International Monetary Fund (IMF) said Thursday it has held “very productive discussions” with authorities in China …
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Financial Institutions
IMF says Russian plane crash could significantly impact Egypt’s tourism
by Yomna Yasserby Yomna YasserThe crash of the Russian plane over the Sinai Peninsula could have serious repercussions on Egypt’s tourist industry, International Monetary …
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Financial Institutions
IMF Mission visits Egypt next June, urging Continued Reforms
by Yomna Yasserby Yomna YasserAn International Monetary Fund (IMF) mission is scheduled to visit Egypt next June, IMF’s Communications Department Director …
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Financial Institutions
IMF Chief Meets Iran’s Rohani at UN, Discuss Economy
by Yomna Yasserby Yomna YasserInternational Monetary Fund chief Christine Lagarde met Iranian President Hassan Rohani on Tuesday. IMF spokesman Gerry Rice …