Home
Loading...
You are here:  Home  >  'IMF'
Latest

Egypt economy recovering after 4 years of slow activity: IMF mission chief

  /  November 26, 2014  /  Business  /  1 Comment

“There is growing national consensus on the need for economic reform”, says Chris Jarvis

Read More →
Latest

General picture of the Egyptian economy mixed during IMF visit

  /  November 25, 2014  /  Business  /  No Comments

Lagarde added that the conflicts in the Middle East and North Africa will have serious economic implications not just for the region, but the entire world.

Read More →
Latest

Egypt’s economy grows by 1.1% in first quarter

  /  November 18, 2014  /  Business  /  1 Comment

Figure 6.8% higher than same quarter last year

Read More →
Latest

4% increase in MENAP economic activity expected by 2015

  /  October 28, 2014  /  Business  /  No Comments

Countries in MENAP region (Middle East, North Africa, Pakistan and Afghanistan) were resisting growth due to socio-political problems and regional conflicts

Read More →
Latest

Egypt reforms ‘very impressive’, no negotiations on loan programmes: Lagarde

  /  October 11, 2014  /  Business  /  No Comments

CBE governor Hisham Ramez will meet IMF managing director on Sunday

Read More →
Latest

Egypt and its FDI prospects

  /  September 20, 2014  /  Opinion  /  No Comments

By Omar El-Shenety No doubt that Egypt has witnessed very rough years since the 25 January Revolution. The economy has been brought to its knees, and now faces stagnation. Growth has stopped at 2% since read the rest…

Read More →
Latest

Egypt needs growth, jobs over economic stability: IMF chief in Egypt

  /  September 16, 2014  /  Business  /  No Comments

Government has set concrete goals for its February economic summit, says Lazard managing director

Read More →
Latest

12.5% deficit in FY 2013/2014 budget, financing gap valued at EGP 10-11bn: Finance minister

  /  September 16, 2014  /  interviews  /  No Comments

CBE’s temporary ‘financial’ account is strategic reserve and will not be used to solve budget deficit

Read More →
Latest

Egypt to invite IMF to assess economic reforms

  /  September 13, 2014  /  Business  /  No Comments

Ministry of Finance says government will invite IMF before Egypt’s economic summit in February 2015

Read More →
Latest

Rumours of IMF negotiations untrue: Finance Minister

  /  August 18, 2014  /  Business  /  No Comments

An IMF delegation will visit Egypt before the end of 2014, minister adds

Read More →
Latest

Investment in economically viable projects enhances short-run growth: Economist

  /  August 9, 2014  /  Business  /  1 Comment

Economist writes in report published on IMF website that sustainable and inclusive growth requires both short-term and long-term measures

Read More →
Latest

IMF suggests cash transfers to improve subsidies targeting

  /  July 14, 2014  /  Business  /  No Comments

Egypt needs adequate mitigation measures, gradual price increases, and better public communication

Read More →
Latest

Economic reforms a ‘must’ for Egypt growth: Lagarde

  /  May 3, 2014  /  Business  /  49 Comments

IMF chief says there are “encouraging” signs in energy subsidy reform

Read More →
Latest

Gulf support should not substitute for long-term economic reform: IMF official

  /  April 15, 2014  /  Business  /  1 Comment

Egypt must address “imbalances in the budget”, generate jobs, and improve living standards, says Massod Ahmed, IMF’s Middle East director

Read More →
Latest

IMF no longer forces ‘structural adjustment’: Lagarde

  /  April 13, 2014  /  Business  /  1 Comment

The crisis lender is sensitive to charges it dictates socially and economically harsh reforms on countries availing themselves of its support.

Read More →
Latest

Egypt still in need of financial assistance: International Monetary Fund

  /  April 12, 2014  /  Business, Economy  /  1 Comment

Financial aid could come from Gulf countries, the IMF or other financial institutions, says IMF’s chief of mission in Egypt

Read More →
Latest

IMF, World Bank push for price on carbon

  /  April 12, 2014  /  Business, Energy  /  36 Comments

Warning that time was running out for the planet to avoid worst-case climate change

Read More →
Latest

Annual Inflation rate hits 10.2% in March

  /  April 12, 2014  /  Business, Economy  /  49 Comments

Exchange rate depreciation, money expansion, supply shortages, recurrent wage increases are attributed to wave of increasing inflation, says IMF’s Toward New Horizons report

Read More →
Latest

World Bank watches unfolding of political situation with great concern: Bank president

  /  April 12, 2014  /  Banking, Business  /  2 Comments

World Bank has helped finance several projects in various sectors during the past year

Read More →
Latest

Egypt economic growth to remain slow: IMF

  /  April 8, 2014  /  Business  /  44 Comments

AFP – Growth in Egypt’s economy is expected to remain sluggish this year as political uncertainty keeps tourists and foreign investors away, the International Monetary Fund said Tuesday. The economy of the Arab world’s most read the rest…

Read More →
Latest

G20 final document unlikely to address Ukraine crisis

  /  April 8, 2014  /  Business  /  1 Comment

Reuters – The world’s financial leaders are likely to discuss possible risks to Europe’s economy from the crisis in Ukraine, but there are no plans to mention it in the final document from their Washington read the rest…

Read More →
Latest

China faces ‘serious obstacles’: IMF chief

  /  March 24, 2014  /  Business  /  2 Comments

China’s gross domestic product (GDP) grew 7.7% in 2013, unchanged from the year before.

Read More →
Latest

Egypt investors believe Sisi presidency will bring stability

  /  March 22, 2014  /  Business  /  59 Comments

Sisi offers the hope of relief from three years of political turmoil that began with the Arab Spring uprising, even though he was the man who toppled Egypt’s first freely-elected president, Islamist Mohamed Morsi.

Read More →
Latest

IMF’s Egypt strategy ill-suited to realities on the ground: ECESR

  /  March 15, 2014  /  Business  /  32 Comments

Regional economic experts say fund’s demands for near-term subsidy cuts not viable

Read More →
Latest

Qatar may face higher costs of hiring foreign workers: IMF

  /  March 9, 2014  /  Business  /  2 Comments

Qatar, which has denied the Guardian’s findings, has seen an increasing influx of foreigners, now estimated at 1.8 million, with its population rising 10% in 2013.

Read More →
Latest

No need to panic over Ukraine economy: IMF’s Lagarde

  /  March 1, 2014  /  Business  /  3 Comments

The revolt led to Moscow canceling a much-needed $15bn loan to the country after only $3bn had been disbursed, leaving Kiev with little cash in its coffers and dwindling foreign exchange reserves.

Read More →
Latest

G20 vows to add $2tn to world economy to lift growth

  /  February 23, 2014  /  Business  /  2 Comments

US Treasury Secretary Jack Lew stressed at a press conference that the G20 had left the austerity debate behind and was fully focused on growth.

Read More →
Latest

Interim PM meets with IMF head Christine Lagarde at Davos

  /  January 25, 2014  /  Business  /  1 Comment

El-Beblawi briefs Lagarde on Egypt’s latest economic developments

Read More →
Latest

IMF sees slightly stronger global growth

  /  January 21, 2014  /  Business  /  No Comments

The fund increased its estimate for world growth this year slightly to 3.7%, after 3.0% in 2013, while warning that the rebound of the world economy is still “weak and uneven”.

Read More →
Latest

IMF plans to raise global economic growth forecast: Lagarde

  /  January 8, 2014  /  Business  /  1 Comment

The IMF chief dined with Kenyan President Uhuru Kenyatta on Monday evening in the coastal city of Mombasa.

Read More →