IMF

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 …

Amid the devastating Israeli war on Gaza, the International Monetary Fund (IMF) is considering expanding Egypt’s $3 billion loan program by an unspecified amount, Kristalina Georgieva, the fund’s managing director, …

Kristalina Georgieva made statements during the second day of the Future Investment Initiative event being held in Saudi Arabia in its seventh edition over three days. She highlighted that the …

“Egypt has made good progress on several fronts, fiscal policy, the implementation of privatization strategy, the engagement with our team on how best to conduct monetary policy in these very …

Closing the gender gap in labor force participation can significantly boost emerging and developing economies’ gross domestic product by about 8 percent over the next few years, according to the …

Foreign currency deposits in Egyptian banks have reached about $50 billion and are safe, according to a statement issued by the Federation of Egyptian Banks (FEB). Foreign deposits are invested …

The Egyptian economy remains steadfast amid severe global economic challenges, which cast their shadows on all countries, especially developing nations and emerging economies, Minister of Finance Mohamed Maait said. Maait …