Tag: IMF

Egypt’s foreign exchange reserves reach new high

The foreign exchange reserves increased to $31.1bn at the end of May…

Hossam Mounir

CBE’s decision to raise interest rate continues to stir controversy

The decision was great and emphasised the bank’s determination to activate its…

Hossam Mounir

Interest rate hike aims to help build up international reserves: Arqaam Capital

IMF welcomed the step, saying it aims at the welfare of the…

Elsayed Solyman

IMF, Egypt reach a staff level agreement to unlock next loan tranche

A new vote of confidence in local economy to incur more foreign…

Elsayed Solyman

IMF, eurozone still at loggerheads over Greece

The International Monetary Fund has urged eurozone finance ministers to be more…

Deutsche Welle

Pressures mount on CBE as IMF calls for interest rate hike to tame inflation

Inflation extends rise in April on higher food prices

Elsayed Solyman

Egypt to receive 2nd tranche of IMF loan by June: El-Garhy

Egypt to issue international treasury bonds by end of May or beginning…

Ahmed Farahat

Elbeblawi calls for progressive taxes to increase financial resources

Economic reform measures were necessary despite negative impact, the IMF official says

Nevine Kamel

Egypt’s stocks under pressure as possible interest rate hike looms

The CBE delayed the meeting of its monetary policy committee to 21…

Elsayed Solyman