Egypt’s economy will grow by 3.0 per cent in 2024, slower than previously forecast, the International Monetary …
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International Monetary Fund (IMF)
International Monetary Fund (IMF), United Nations (UN) specialized agency, founded at the Bretton Woods Conference in 1944 to secure international monetary cooperation, to stabilize currency exchange rates, and to expand international liquidity.
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BanksFeatureFinancial InstitutionsInternational NewsMoneyNews
WB upgrades Sri Lanka’s growth outlook to 2.2% in ’24
by Nada Aliby Nada AliThe World Bank (WB) upgraded its forecast for Sri Lanka’s economy, predicting 2.2 per cent growth in …
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Factory activity in many Asian economies weakened in March, with some exceptions in China and South Korea.
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Egypt NewsFeatureFinancial InstitutionsMoneyNews
URGENT: IMF board approves expanded $8 billion loan deal
by Yomna Yasserby Yomna YasserThe International Monetary Fund’s (IMF) executive board has approved the the augmentation of the current loan programme …
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FeatureFinancial InstitutionsMENA NewsMoneyNews
Saudi Cabinet approves deal to launch IMF regional office in Riyadh
by Yomna Yasserby Yomna YasserSaudi Arabia’s Cabinet approved on Tuesday an agreement to set up a regional office for the International …
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FeatureFinancial InstitutionsInternational NewsMoneyNews
IMF, Pakistan reach $1.1b staff-level agreement
by Nada Aliby Nada AliThe International Monetary Fund (IMF) has reached a staff-level agreement with Pakistan for a $1.1 billion disbursement …
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BanksEgypt NewsFeatureMoneyNewsURGENT
World Bank announces more than $6b support package for Egypt
by Yomna Yasserby Yomna YasserThe World Bank announced on Monday plans to provide more than $6 billion in support to Egypt …
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BanksFeatureInternational NewsNewsTech/AI
Pakistan’s c. bank likely to keep rates unchanged
by Nada Aliby Nada AliPakistan’s central bank is expected to maintain its key interest rate at a record 22 per cent …
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Egypt NewsFeatureIndustry & TradeNewsTech/AI
Egypt’s budget initial surplus hits EGP 193b in 8 months
by Nada Aliby Nada AliEgypt’s budget has significantly improved in the past eight months, showing an initial surplus of 193 billion …