Friday 04 Apr

IMF

Cabinet discusses fifth review reforms with IMF
2025/03/27

Cabinet discusses fifth review reforms with IMF

Dr. Moustafa Madbouly, Prime Minister, met with the cabinet to discuss developments in the economic reform program, in cooperation with the International Monetary Fund (IMF),...

Foreign Minister outlines Egyptian economic progress to US Envoy
2025/03/24

Foreign Minister outlines Egyptian economic progress to US Envoy

Dr. Badr Abdelatty, Minister of Foreign Affairs and Immigration, and Steve Witkoff, the US Special Envoy for the Middle East, held a phone call today,...

IMF approves $1.3B loan for Egypt
2025/03/13

IMF approves $1.3B loan for Egypt

The International Monetary Fund (IMF) has approved a $1.3 billion disbursement to Egypt under the Resilience and Sustainability Trust (RST). This funding is aligned with...

Kouchouk: Budget allocates EGP1 Billion for automotive industry
2025/03/06

Kouchouk: Budget allocates EGP1 Billion for automotive industry

Minister of Finance Ahmed Kouchouk said that the government has allocated one billion Egyptian pounds in the 2024/2025 budget to support the "Automotive Industry Localization...

Experts: Egypt economy poised for 4% growth
2025/01/21

Experts: Egypt economy poised for 4% growth

A Reuters poll forecasts a 4% growth in Egypt's economy in the fiscal year ending next June. The poll, based on forecasts from 19 economists,...

Dollar breaks 50-pound mark
2024/12/05

Dollar breaks 50-pound mark

For the first time since the exchange rate was liberalized, the US dollar surpassed the 50-pound mark in official transactions on Thursday morning. Several public...

Egypt requests increased IMF loan disbursement
2024/11/12

Egypt requests increased IMF loan disbursement

Informed sources familiar with the ongoing fourth review between Egypt and the International Monetary Fund (IMF) revealed today, Tuesday, that Egypt has requested an increased...

Georgieva: Egypt's economic reforms enhance resilience
2024/11/03

Georgieva: Egypt's economic reforms enhance resilience

Prime Minister Dr. Moustafa Madbouly confirmed the ongoing partnership between Egypt and the International Monetary Fund (IMF), emphasizing the Fund's support for Egypt's economic reform...