As Egypt continues its economic reform journey, the upcoming fourth review by the International Monetary Fund (IMF) in November holds significant importance. The successful completion of this review is crucial …
IMF
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Women are making strides in leadership roles across the globe, including within the traditionally male-dominated field of central banking. Recent appointments in Bosnia and Herzegovina and Papua New Guinea have …
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According to two government sources, Egypt raised electricity prices for households by nearly 50% yesterday. This decision is part of the country’s ongoing efforts to reduce and eventually eliminate subsidies …
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Egypt has significantly tightened its monetary policy in response to an economic crisis, implementing measures outlined in an $8 billion International Monetary Fund (IMF) financial support package signed in March. …
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Economy
World Bank Spring Meetings: New Platform Streamlines Development Financing for Global Projects
Egypt’s Minister of International Cooperation and Governor for the World Bank Group, Rania Al-Mashat, contributed to launching a groundbreaking joint financing platform at the recent International Monetary Fund (IMF) and …
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Women’s Achievements
Representative Sahar Al-Bazzar Selected to Head WB & IMF’s First-ever Council of Women Parliamentarians
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 …
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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 …
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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 …
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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 …
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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. …
