Latest in Tag: Masood Ahmed Highlight
Latest in Tag: Masood Ahmed

IMF Middle East Development director hopes Egypt can secure $6bn by end of month to receive $12bn loan
Egypt in ongoing negotiations with China, Saudi Arabia, and G7 states to provide funding for financing gap, says Masood Ahmed

First tranche of $2.5bn will be made available to Egypt after IMF agreement is signed: Masood
Press conference held on Friday on the occasion of annual meetings of the IMF and World Bank

Economic activities slow down in GCC countries in 2016: IMF
Drop in oil prices worldwide is an opportunity for Egypt to get rid of fuel subsidies gradually, says Masood Ahmed

IMF expects Egyptian economy to grow by 3-3.5% this fiscal year
Security problems, Russian plane crash, and foreign currency crisis lowered growth expectations from last year, says Masood Ahmed

In Video: Geopolitical dangers in the region had an impact on the world growth expectations
Video editing by Omar Korashi

In Video: Major national projects can help accelerate growth: Masood
Video Editing by Omar Korashi

In Video: We welcome CBE’s pricing of EGP and flexibility in exchange rates :Masood Ahmed
Editing by Omar Korashi

Iraq: A tale of two shocks
By Masood Ahmed Iraq is facing a “double shock” from the self-proclaimed Islamic State of Iraq and Syria (ISIS) insurgency and the global plunge in oil prices. While the new government led by Prime Minister Haidar Al- Abadi was formed with the express objective of dealing with the insurgency and addressing the humanitarian disaster it …
IMF remains committed to supporting Egypt
During his recent visit to Cairo, the director of the Middle East and Central Asia Department of the International Monetary Fund (IMF), Masood Ahmed, held meetings with numerous political figures
IMF department director to visit Egypt on Monday
Egypt’s economy has nosedived as investment from abroad has dried up and key revenue-earner tourism has taken a major tumble
Bringing the informal sector into the fold
By Masood Ahmed Unemployment rates in the Middle East and North Africa have remained above 10 percent over the past decade, the highest in the world. For the young the rates are even more daunting, at a persistent 25 percent: one in four of the region’s young people are without work. Many people who cannot find …