Tag: IMF

Egypt, IMF to cut budget deficit to 5.5% during 3-year funding programme

Primary agreement between IMF and Egypt; IMF executive board to determine timing…

Mohamed Ayyad

IMF, Egypt reach agreement on 3-year $12bn extended fund facility

CBE’s aim to move to flexible exchange rate will strengthen competitiveness, says…

Shaimaa Al-Aees

IMF Reaches Staff-Level Agreement with Egypt on a Three-Year US$12 Billion Extended Fund Facility

  End-of-Mission press releases include statements of IMF staff teams that convey…

Daily News Egypt

IMF loan is last option for Egypt to escape economic crises: experts

IMF-leveraged deal is mandatory; a refusal would lead to losing loan sources,…

Shaimaa Al-Aees

Egypt, IMF to postpone unifying exchange rate until first tranche of loan arrives

Government moving quickly towards loan, while mission concerned about Cairo's ability to…

Mohamed Ayyad

Ball Corporation considers investing $60m into Egypt branch: Trade Minister

Ball Corporation's investment in Egypt reaches EGP 840m, says minister

Shaimaa Al-Aees

The Economist’s biased reports will not affect IMF deal: economists

Al-Sisi has gone “beret in hand” to the IMF for a $12bn…

Shaimaa Al-Aees

It is too early to talk about IMF loan: Minister of Finance

No conditions will be imposed on Egypt as the reforms in IMF…

Daily News Egypt

Is pressure for Egypt’s reform coming from the IMF or from oil prices?

While the IMF conditionality is the focus of the reform agenda, oil…

Nicholas Mehling