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, …
IMF
-
-
EconomyHighlights
US Treasury Secretary, IMF’s Managing Director have both pledged their support for Egypt
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, …
-
EconomyHighlights
IMF MD, Kristalina Georgieva Says War on Gaza Negatively Affects Economies of Egypt, Lebanon, Jordan
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 …
-
HighlightsNews
Rising Female Workforce Can Improve GDP In Developing And Emerging Markets By 8%: IMF
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 …
-
The Egyptian government and International Monetary Fund (IMF) staff held fruitful discussions in preparation for the first review mission of Egypt’s reform program under the support of IMF’s Extended Fund …
-
The CBE governor, Hassan Abdallah, is attending IMF’s and the World Bank Group’s (WBG)’s annual spring meetings in Washington DC, on the sidelines of which he highlighted Egypt’s robust steps …
