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. …
Inflation
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Egypt’s annual urban consumer price inflation rate fell to 32.5% in April from 33.3% in March, somewhat slower than experts had anticipated, according to figures from the country’s statistics agency …
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The Central Bank of Egypt (CBE) announced the cancellation of its Monetary Policy Committee (MPC) meeting scheduled for March 28, 2024 [reuters.com]. This decision comes after a significant interest rate …
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Inflation in Egypt hit yet another peak for this year in February, the government said on Thursday, with prices increasing most sharply for food. The country is in the midst …
