Latest in Tag: IMF Highlight
Latest in Tag: IMF
Limited impact on Egypt’s inflation after using market XE for valuation of non-essential imports: IMF
Fund fully supports decision by CBE to eliminate repatriation mechanism, says Lall
Debt to remain very high in several countries in particular Egypt: IMF
Countries will need to remain vigilant against rise in inflation
Egypt required to double efforts to keep positive economic outlook: IMF
Growth is better, but still needs structural reforms, says Maurice Obstfeld
Market sentiment in MENAP, CCA regions remains vulnerable: IMF
Recent incidents in Turkey could impact some countries’ trade
IMF team reaches staff-level agreement on fourth review for Egypt’s EFF
Egyptian economy continued to perform well, says Lall
IMF: Risks to global financial system rise
In its latest Financial Stability Report, the IMF has warned of greater global financial risks. It highlighted rising public and corporate debt levels in many nations and capital outflows in emerging economies.In its twice-annual assessment of global financial stability, the International Monetary Fund (IMF) said conditions remained broadly conducive to economic growth, but were at …
Egypt’s CPI to reach 2000/09 average, dropping to 7% in FY 2022/23: IMF
Healthy foreign reserves, flexible exchange rate leave Egyptian economy well-positioned, says report
Nasr to participate in IMF, WB annual meetings in Bali
Minister to attend human capital summit, deliver Egypt’s speech at G24 meeting
Minister of Finance heads to IMF, WB annual meetings in Indonesia
Moeit to visit South Korea, meet with officials, investment bankers
External shocks, inflation pose dilemma for policymakers in emerging markets: IMF
Commitment to improving central banks’ credibility very important, say report’s authors
Christine Lagarde’s praise for recovery, strength of Egyptian economy on right track: Egypt’s finance minister
The Egyptian government is continuing to work at full capacity to implement the mandate of President Abdel Fattah Al-Sisi in strengthening resources and rationalising spending and interest in investing in human capital and the development of education and health systems, Moeit said.
Egypt’s economic growth among highest in Middle East: IMF
We discussed good progress under economic reform programme, said Lagarde following Al-Sisi’s meeting
Short-term path of reform satisfying, more work needed to reach desired targets: deputy minister of finance
Insuring commodity imports to avoid budget imbalances remains possible, says Kojak
Egypt relies less on external funding compared to other countries: IMF, WB
FDIs in Egypt concentrated in oil, gas, energy sectors, says Khanna
Keeping reform momentum, revolutionising Egypt’s business climate way forward: co-founder and managing director of Qalaa Holdings
ERC to be commercially operational in 2019, plans for next phase of growth across the group
IMF bailouts — roads to stability or recipes for disaster?
The International Monetary Fund (IMF) has been described as the lender of last resort for countries in financial distress. But the stiff medicine doled out by the fund is still subject to huge controversy.Following the ravages caused by World War II, the International Monetary Fund (IMF) was originally established to allow countries with payment deficits …
Do legal concerns hamper Egypt’s government IPO programme?
Heads of government companies’ reservations were solved by reorganising programme in May, state official says
Authorities recommended to regularly assess implementation of IPOs: IMF executive director
Egypt should detain regular reforms regardless of IMF-supported programme
Fund project growth to reach 6%, unemployment rate, inflation to fall to 7%: IMF’s senior resident representative to Egypt
Strong private sector essential for job creation, this requires improving business environment, governance, transparency, access to finance, accountability of public institutions
In light of IMF’s third review report, analysts recommend authorities to boost Egyptian exports, refraining risks
Exports are projected to reach $53.1bn in current FY 2018/2019
Egypt’s external debts peak to historic $91.5bn in FY 2018/19: IMF
Gross financing requirements are expected to reach $15.9bn next year, FDIs to record $11.3bn
Egypt to implement 16 new reform measures in less than one year: IMF
Authorities eliminating fuel subsidies, bringing to market shares in at least four SOEs by mid-June, report states
Egypt to implement automatic fuel price indexation mechanism by end of 2018: IMF
The International Monetary Fund (IMF) said in its staff report after the third review of the Egyptian economy that the automatic fuel price indexation mechanism for most fuel products will be implemented by the end of December 2018. The IMF noted on Thursday that the mechanism will adjust fuel prices to changes in global oil …
Further increase in global oil prices would put pressure on Egyptian budget: IMF
Global risks highlight the need to broaden and accelerate structural reforms, mentions staff report
IMF approves 4th $2bn tranche of Egypt’s loan
The Executive Board of the International Monetary Fund (IMF) approved today the disbursement of the fourth tranche of the IMF loan to Egypt worth $2bn, as part of the extended $12bn loan facility over three years. The IMF’s approval followed the completion of the third review of the IMF’s economic reform programme, during their visit …
IMF likely to approve Egypt’s third review on 27 June
Approval enables authorities to receive $2bnÂ
Loans: Who is to blame? Â Â Â
The government borrows money to meet its short- or long-term needs when there is a budget deficit. This is called debt. So, debt is a bill paid by coming generations in cases of obtaining loans for the purpose of narrowing a budget deficit without aiming to finance development projects. Or it may be a bill …
IMF completes Egypt’s third review mission, agrees to disbursement of $2bn instalment
The International Monetary Fund (IMF) delegation has reached a staff-level agreement—subject to approval by the IMF’s Executive Board—on the second $2b tranche disbursement of the $12bn loan, bringing total disbursements under the programme to $8bn. The agreement came after the fund’s third review of Egypt’s economic reform programme during the delegation’s visit to Cairo from …
Egypt achieving great development through strong, bold economic decisions: IMF
We will intervene in exchange rate market if prices become within unacceptable ranges, says CBE governor
Egyptian authorities implementing energy reform wisely: IMF deputy managing director
Armed forces established infrastructure projects, was guarantor of country’s security