The International Monetary Fund will disburse an initial $2.75 million loan tranche to Egypt on Friday assuming …
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International Monetary Fund
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Financial Institutions
As IMF deal nears, Egypt secures $2 billion in financing
by Yomna Yasserby Yomna YasserEgypt has secured $2 billion in financing from international banks, a day before the International Monetary Fund’s …
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International Monetary Fund (IMF) managing director Christine Lagarde said she would recommend the fund’s board approve Egypt’s …
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Egypt will submit within two or three days a letter of intent to the International Monetary Fund …
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Financial Institutions
Egypt expects to sign IMF deal before November 11; says CIB chairman
by Yomna Yasserby Yomna YasserThe International Monetary Fund will give its final approval on Egypt’s $12 billion lending programme before November …
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Financial Institutions
IMF’s Lagarde calls Egypt currency devaluation a “welcome move”
by Yomna Yasserby Yomna YasserInternational Monetary Fund managing director Christine Lagarde has called on Thursday Egypt’s historic currency devaluation a “welcome …
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Financial Institutions
Cairo hopes to finalise IMF loan deal in days – c.bank chief
by Yomna Yasserby Yomna YasserEgypt hopes to finalise a $12 billion IMF loan programme within days as it has secured pledges …
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Banks
IMF, foreign countries pledge to plug Egypt 2016/17 budget deficit: CBE chief
by Yomna Yasserby Yomna YasserEgypt’s central bank has received assurances from the International Monetary Fund (IMF), G6 countries, China, and a …
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The International Monetary Fund (IMF) has welcomed Egypt’s decision to float its pound currency, it said in …
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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 …