IMF

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 …

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 …