Sunday 22 Dec

IMF

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...

Sisi pledges relief amid rising costs
2024/11/03

Sisi pledges relief amid rising costs

President Abdel Fattah El-Sisi received on Sunday Director General of the International Monetary Fund Kristalina Georgieva, and the high-level delegation accompanying her, in the presence...

Kouchouk: Egypt looks forward to constructive dialogue with IMF
2024/10/27

Kouchouk: Egypt looks forward to constructive dialogue with IMF

Minister of Finance Ahmed Kouchouk concluded his participation in the annual meetings of the International Monetary Fund (IMF) and the World Bank in Washington. During...

Kouchouk urges expansion of debt-for-investment swaps
2024/10/22

Kouchouk urges expansion of debt-for-investment swaps

Minister of Finance, Ahmed Kouchouk, has emphasized three key priorities for strengthening Africa's financial infrastructure in the face of global challenges related to geopolitical and...

IMF sees Egypt's economy improving in 2025
2024/10/22

IMF sees Egypt's economy improving in 2025

The International Monetary Fund (IMF) has projected an improvement in Egypt's economic indicators. Pierre-Olivier Gourinchas, the IMF's Economic Counsellor and Director of Research, stated that...

Central Bank profitability soars following policy shift
2024/08/27

Central Bank profitability soars following policy shift

The Central Bank of Egypt announced today, Tuesday, that it has succeeded, for the first time in seven years, in turning to profitability in the...