Latest in Tag: IMF Highlight
Latest in Tag: IMF
Economy remains vulnerable given security risks: IMF
IMF executive directors welcome Egyptâs economic reform policies
Investment bank sees higher GDP growth after âpositive changeâ
Egyptian asset management, corporate finance and investment banking firm, Cairo Financial Holding (CHF), has raised its growth forecasts for Egyptâs GDP. The firm said that in the current fiscal year, GDP will be 3.7%, up from its 2.8% predictions in June 2014, as it noted increased foreign direct investment (FDI) and government measures towards bolstering …
Business sector unready for privatisation, restructuring to take place: Investment minister
Investment ministry hopes to restructure business sector in preparation for tender operations on stock market, bringing them out of the red
Egypt vulnerable to adverse global economic developments: IMF Mission Chief
Egyptian authorities design good macroeconomic and reforms programme ahead of March 2015 economic conference, says Jarvis
Government plan to attract foreign investments requires stable security situation: Economists
Government is working to improve the business sector to fight slow economic growth, decrease unemployment and improve quality of life through basic economic reform
Weekly dollar bids rise to four times a week
CBE is set to raise dollar bids worth a total of $160m instead of $120m
Egypt rises 20 points on transparency, anti-corruption ranking
Egyptâs ranking improved in the Corruption Perceptions Index to 94th place in 2014, up from 114th last year
Economic analysts agree with IMF report on Egyptâs economic status
Analysts request to amend monetary policy and take precautions with mega-projects in light of current circumstances
Egypt economy recovering after 4 years of slow activity: IMF mission chief
âThere is growing national consensus on the need for economic reformâ, says Chris Jarvis
General picture of the Egyptian economy mixed during IMF visit
Lagarde added that the conflicts in the Middle East and North Africa will have serious economic implications not just for the region, but the entire world.
Egyptâs economy grows by 1.1% in first quarter
Figure 6.8% higher than same quarter last year
4% increase in MENAP economic activity expected by 2015
Countries in MENAP region (Middle East, North Africa, Pakistan and Afghanistan) were resisting growth due to socio-political problems and regional conflicts
Egypt reforms âvery impressiveâ, no negotiations on loan programmes: Lagarde
CBE governor Hisham Ramez will meet IMF managing director on Sunday
Egypt and its FDI prospects
By Omar El-Shenety No doubt that Egypt has witnessed very rough years since the 25 January Revolution. The economy has been brought to its knees, and now faces stagnation. Growth has stopped at 2% since the revolution, and the government budget deficit scored record levels. Tourism and Foreign Direct Investment (FDI), key sources for foreign …
Egypt needs growth, jobs over economic stability: IMF chief in Egypt
Government has set concrete goals for its February economic summit, says Lazard managing director
12.5% deficit in FY 2013/2014 budget, financing gap valued at EGP 10-11bn: Finance minister
CBEâs temporary âfinancialâ account is strategic reserve and will not be used to solve budget deficit
Egypt to invite IMF to assess economic reforms
Ministry of Finance says government will invite IMF before Egyptâs economic summit in February 2015
Rumours of IMF negotiations untrue: Finance Minister
An IMF delegation will visit Egypt before the end of 2014, minister adds
Investment in economically viable projects enhances short-run growth: Economist
Economist writes in report published on IMF website that sustainable and inclusive growth requires both short-term and long-term measures
IMF suggests cash transfers to improve subsidies targeting
Egypt needs adequate mitigation measures, gradual price increases, and better public communication
Economic reforms a âmustâ for Egypt growth: Lagarde
IMF chief says there are âencouragingâ signs in energy subsidy reform
Gulf support should not substitute for long-term economic reform: IMF official
Egypt must address âimbalances in the budgetâ, generate jobs, and improve living standards, says Massod Ahmed, IMFâs Middle East director
IMF no longer forces âstructural adjustmentâ: Lagarde
The crisis lender is sensitive to charges it dictates socially and economically harsh reforms on countries availing themselves of its support.
Egypt still in need of financial assistance: International Monetary Fund
Financial aid could come from Gulf countries, the IMF or other financial institutions, says IMFâs chief of mission in Egypt
IMF, World Bank push for price on carbon
Warning that time was running out for the planet to avoid worst-case climate change
Annual Inflation rate hits 10.2% in March
Exchange rate depreciation, money expansion, supply shortages, recurrent wage increases are attributed to wave of increasing inflation, says IMFâs Toward New Horizons report
World Bank watches unfolding of political situation with great concern: Bank president
World Bank has helped finance several projects in various sectors during the past year
Egypt economic growth to remain slow: IMF
AFP – Growth in Egyptâs economy is expected to remain sluggish this year as political uncertainty keeps tourists and foreign investors away, the International Monetary Fund said Tuesday. The economy of the Arab worldâs most populated country was forecast to grow by 2.7% this year after expanding by 2.1% in 2013, the IMF said in …
G20 final document unlikely to address Ukraine crisis
Reuters – The worldâs financial leaders are likely to discuss possible risks to Europeâs economy from the crisis in Ukraine, but there are no plans to mention it in the final document from their Washington meeting, two G20 officials said. Finance ministers and central bankers from the Group of 20 developed and emerging economies will …
China faces âserious obstaclesâ: IMF chief
Chinaâs gross domestic product (GDP) grew 7.7% in 2013, unchanged from the year before.