IMF

The World Bank and the International Monetary Fund have appointed Representative Sahar Al-Bazaar, the First Undersecretary of the Foreign Relations Committee in the House of Representatives, to lead the first …

Egypt’s Minister of International Cooperation and Governor for the World Bank Group, Rania Al-Mashat, joins world leaders at the 2024 World Bank and International Monetary Fund (IMF) Spring Meetings this …

During a news conference on March 30, Egyptian Prime Minister Mostafa Madbouly announced that Egypt will receive the first installment of an expanded loan agreement with the International Monetary Fund …

S&P Global Ratings follows Moody’s in recognizing Egypt’s economic turnaround, upgrading the country’s credit outlook from stable to positive. This positive revision stems from decisive actions by Egyptian authorities to …

On March 13, the International Monetary Fund’s Board of Directors announced that it plans to complete the process of appointing a new Managing Director by the end of April 2024. …

The International Monetary Fund (IMF) has resolved major issues with Egyptian authorities about the review of its $3 billion loan programme and will unveil the final financing package within weeks, …

The Egyptian pound has experienced a soaring by 39% against the US dollar within a few days. This dramatic rise has driven down the exchange rate of the US currency …

Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva stated that Egypt and the lender are in advanced discussions regarding the augmentation of the Egyptian loan programme. “We are …

Egypt’s mediation role in the Israel-Hamas conflict in Gaza is expected to attract foreign financial support, exceeding $5 billion, according to Fitch Solutions’ BMI. Inflation is expected to slow down, …

Janet Yellen, the US Treasury Secretary, and Kristalina Georgieva, the Managing Director of International Monetary Fund (IMF), pledged full support for the Egyptian economy, according to an official statement. Yellen …