Latest in Tag: The International Monetary Fund Highlight
Latest in Tag: The International Monetary Fund

IMF launches Opportunity for All in MoroccoÂ
Marrakesh –Â The International Monetary Fund (IMF) launched on Monday the Opportunity for All in Marrakesh, Morocco to create jobs, promote comprehensive growth in the Arab World, and turn the debate over Arab sustainable growth from recognition into implementation. Egypt participated in the two-day conference on 29 and 30 January, represented by a delegation consisting of …

IMF increases Egypt growth forecast to 4.8% in FY2017/18Â
Adressing high levels of perceived corruption key to achieving greater economic efficiency

IMF calls on Egyptian government to reconsider application of capital gains
The International Monetary Fund (IMF) mission called on the Ministry of Finance to reconsider the decision to delay the application of the capital gains tax and to work to implement it again as soon as possible, according to an official source at the Ministry of Finance. According to the source, who asked not to be …

IMF completes Egypt’s second review mission, agrees to disbursement of $2bn installmentÂ
Egypt’s GDP growth reached 4.2% in FY 2016/17, compared to 3.5% forecasted

IMF reviews Egypt’s economic reform program on Tuesday in Cairo
Review includes fuel subsidies, discuss the public debt with the Egyptian authorities

Authorities took right measures to rein in inflation, reduce budget deficit: Lagarde
The approval of the Industrial Licensing Law and the New Investment Law by the parliament are a positive step in the right direction

Inflation likely to resume rally if government delivers on next round of austerity measures
Research houses expects prices to shoot up again with applying subsidy cuts and VAT

IMF, Egypt reach a staff level agreement to unlock next loan tranche
A new vote of confidence in local economy to incur more foreign inflows, says Tarek Amer

Egypt’s growth opportunities in the wake of global financial instability
Increased financial links between emerging markets and advanced economies have resulted in increased risk of spill over effects

Government to include capital gains tax in economic reform programme: Chris Jarvis
The IMF mission chief to Egypt spoke at the IMF and World Bank meetings being held in Washington DC

IMF expects 4% growth for Egypt in FY 2016/17 compared to government expectations of 5.2%
IMF predicts inflation will reach 18.2% in FY 2016/17, compared to the state’s expectations of 11.5% in the same period

Egypt, IMF to postpone unifying exchange rate until first tranche of loan arrives
Government moving quickly towards loan, while mission concerned about Cairo’s ability to implement and follow up on reforms, says former IMF official

Egypt to answer IMF inquiries over the next 14 days
IMF will request the implementation of CGT and reduction of domestic debt