Arab economies are expected to grow by 5% in 2022: AMF
Fund releases 16th Arab Economic Outlook Report including macroeconomic forecasts for 2022, 2023
Latest in Tag: AMF Highlight
Latest in Tag: AMF
Egypt’s GDP growth expected to gradually recover as of FY 2021/22: Arab Monetary Fund
Inflation in Egypt is expected to reach 5.3% during 2021
Digital financial inclusion would help 63% of Arab adult population access service: AMF
AMF added that at the level of geographical regions, both Africa and Asia are distinguished by playing a pioneering role in digital financial inclusion
AMF gather regional central banks to discuss COVID-19 impact on sector
Meeting was held in cooperation with International Monetary Fund
AMF grants $1.3bn in Arab COVID-19 response during H1 2020: Al-Hamidi
Fund president stresses importance of dialogue, consultation between Middle East’s central banks to face post-crisis challenges
Egypt leads Arab world in digital wallets, e-payment services: AMF
There are currently 178,000 e-payment outlets across 8 Arab countries, mainly in Egypt
Egypt expected to grow 2% in 2020, against general Arab economic contraction: AMF
Inflation across Middle East expected to surge to 8.8% in 2020, decline to 6.3% in 2021
Egypt, AMF sign $639m loan to support financial sector reform
WAM reported, on Wednesday, that the loan agreement was signed last week, and aims to support reform efforts and measures taken to help limit the economic and financial repercussions of the global pandemic.
AMF prepares launch of international immediate payment service
The new service is the latest part of its “Beni” platform for Arab payments, with several other services set to launch in the coming period.
Arab banking sector is stable, able to withstand shocks despite challenges and risks: AMF
Arab banking sector assets reached $3.4trn by end-2018 equivalent to 124% of Arab countries’ GDP
Egypt to continue its high economic growth in coming years: AMF
Arab economies likely to grow by 2.5% in 2019, 3% in 2020, says AEO report
AMF, IMF discuss in Cairo challenges facing SMEs in Arab countries
These projects have positive repercussions on improving financial inclusion and enhancing financial, economic, and social stability. SMEs account for more than 95% of total enterprises in the vast majority of the world and contributing 33% to the GDP of developing economies.
Why AMF is a good idea and what can be done to get it going?
In our view the AU leaders should also use their meeting to reinvigorate their efforts to create an African Monetary Fund (AMF).
7th AMF: Calls for Media Literacy’s integration into schools, universities’ curriculum
We totally support such proposals, waiting for suggestions to consider them in ministry’s plans, says Education Ministry
Parliament’s economic committee to discuss AMF’s loan on Tuesday
The loan is worth $243m with an interest rate of 1.2% and 0.25% service fee, says El Araby
AMF to provide Egypt with $339m loan
Total value of AMF’s financial assistance to Egypt amounts to $1.6bn
Egypt seeks $465m Arab Monetary Fund loan
Delegation includes Minister of Finance Al-Morsi Hegazy and Central Bank of Egypt Governor Hesham Ramez