Balance of payments deficit drops 93% in 2012-13
The Central Bank of Egypt cited increased remittances from Egyptians working abroad…
IMF not satisfied with Egypt’s economic reform plans
A government source revealed last week that the IMF is displeased with…
IMF loan talks to resume in March
IMF loan negotiations with Egypt are to resume early March after talks…
Government to discuss final draft of economic programme next week
The country’s cabinet will then send a letter to the IMF with…
EFG Hermes: Egypt’s economy will grow 3.5% in 2013
The acceptance of Egypt’s pending IMF loan will have a positive effect…
Government sets quotas on subsidised fuel
Egypt’s government is currently undergoing a subsidies reform program in order to…
Moody’s downgrades Egyptian government bonds to B3
The credit-rating agency is maintaining the rating on review for possible further…
IMF loan will not be included in next year’s budget
Budget will not take into account the loan or other international aid…
Bernardino León concludes visit to Egypt
Before his departure León reiterated the EU’s commitment to aiding the democratic…
Global economy crisis adds more challenges to Egypt in 2013
The global economy faces fewer headwinds in 2013 compared to last year…