Egypt plans to pay back around $720 million to the Paris Club of creditor countries this month, …
Tag:
International Monetary Fund
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Financial Institutions
Saudi Arabia on track for IMF 2016 budget deficit forecast
by Yomna Yasserby Yomna YasserSaudi Arabia is likely to reduce its budget deficit this year to the level forecast by the …
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Egypt’s stock market surged for the 12th straight session on Sunday as the International Monetary Fund’s board …
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Financial Institutions
Egypt IMF loan to be repaid in 10 yrs, targets higher growth
by Yomna Yasserby Yomna YasserEgypt’s three-year, $12 billion IMF loan scheme will be repaid in 10 years with a grace period …
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Financial Institutions
IMF’s Jarvis: Egypt to receive second tranche in spring
by Yomna Yasserby Yomna YasserEgypt is expected to receive the second tranche of the International Monetary Fund’s $12 billion loan in …
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Egypt News
Egypt optimistic about economy after IMF loan approval: PM
by Ghada Ismailby Ghada IsmailThere is an atmosphere of optimism about the Egyptian economy as the International Monetary Fund (IMF) has …
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Financial Institutions
IMF bailout for Egypt seeks major cut in public debt
by Yomna Yasserby Yomna YasserThe International Monetary Fund said Friday that its $12 billion bailout programme for Egypt is aiming to …
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Banks
Egypt central bank receives IMF 1st tranche, foreign reserves surge to $23.3 bln
by Yomna Yasserby Yomna YasserThe Central Bank of Egypt has received $2.75 billion from the International Monetary Fund on Friday, raising …
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Financial Institutions
BREAKING: IMF board approves Egypt’s $12 billion loan deal
by Yomna Yasserby Yomna YasserThe International Monetary Fund’s executive board has approved its three-year, $12 billion loan to Egypt to support …
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Financial Institutions
S&P revises Egypt outlook to ‘stable’ citing IMF support
by Yomna Yasserby Yomna YasserStandard & Poor’s (S&P) Global Ratings has revised early Friday Egypt’s sovereign credit outlook up to stable …