The International Monetary Fund is encouraged by Egypt’s efforts to remove fuel subsidies within three years and …
International Monetary Fund
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Financial Institutions
Despite glowing IMF review, economists say Egypt still has work to do
by Yomna Yasserby Yomna YasserEgypt still has to make it easier to do business and try harder to attract direct investment …
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Banks
IMF release of second payment shows confidence in Egypt’s economy: official
by Yomna Yasserby Yomna YasserThe International Monetary Fund (IMF) agreement to release the second tranche of a 12-billion US dollar loan …
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Financial Institutions
IMF reaches staff-level agreement on second payment of Egypt loan
by Yomna Yasserby Yomna YasserThe International Monetary Fund has reached Friday a staff-level agreement on a second payment that would make …
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Financial Institutions
IMF cites Asia’s top problems: aging population and productivity
by Yomna Yasserby Yomna YasserAsia-Pacific’s long-term growth outlook remains the strongest in the world, but the medium-term picture is weighed down …
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Financial Institutions
IMF seen delivering Egypt second tranche of $12 bln in second half of June
by Yomna Yasserby Yomna YasserEgypt expects to receive the second tranche of its loan from the International Monetary Fund within the …
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Financial Institutions
IMF to disburse another $1.2 bln loan to Egypt in six weeks ahead of review
by Yomna Yasserby Yomna YasserThe International Monetary Fund will disburse another $1.2 billion to Egypt out of its $12 billion loan …
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Financial Institutions
Egypt may receive second tranche of IMF loan in June: minister
by Yomna Yasserby Yomna YasserThe International Monetary Fund is likely to release the second tranche of a $12 billion loan by …
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Financial Institutions
INTERVIEW – Senior IMF official says lowering inflation key to Egypt’s reforms
by Yomna Yasserby Yomna YasserLowering Egypt’s three-decade high inflation is key to keeping the country’s economic reform programme on track and …
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Banks
Egypt central bank postpones interest rate decision to May 21 amid IMF debate
by Yomna Yasserby Yomna YasserEgypt’s central bank decided to postpone its next monetary policy meeting on interest rates until Sunday, May …