Egypt remains committed to cost recovery of most fuel products by mid-2019: IMF
More difficult external environment poses new challenges on country’s economy, says Lipton
IMF approves $2bn loan tranche to Egypt: Minister of Finance
The Executive Board of the International Monetary Fund (IMF) approved the disbursement…
Fiscal deficit falls to 9.8% of GDP in FY18 from 12.5% in FY16: OBG
IMF’s credit reduced government debt from 103% of GDP in FY 2016/17…
IMF staff finalises details required to approve next $2bn for Egypt
The International Monetary Fund's (IMF) staff team has finalised the details required…
Stable outlook for Levant, North Africa in 2019, although slowing reforms point to downside risks: Moody’s
The 2019 stable outlook for sovereign creditworthiness in the Levant and North…
Growth in MENAP region to recover up to 3% in 2020: IMF’s WEO
Emerging market, developing economies, tested by difficult external conditions
“Fuel subsidy reform plays a key role in fiscal consolidation”: IMF
In its third review under the extended arrangement in accordance with the…
Negotiation with IMF is going smoothly, $2bn loan tranche to be disbursed soon: Moeit
New taxation draft law to be available for social discussion during next…
Egypt’s economic outlook remains positive, backed by tourism, natural gas: Credit Suisse
Weak FDI, reliance on hot money, inflation still challenging
Warnings of Egypt’s postponement of some measures agreed upon with IMF
Measures include determining fuel pricing mechanism, say sources