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Economy
- Service : English General
- Category : Economy
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CBE governor confirms sufficient foreign currency to honor Egypt's obligations
Date: 2024-03-06 18:30:08 GMT - Egypt - Economy - SN:67 - ID:10613904
CAIRO, March 6 (MENA) - Governor of the Central Bank of Egypt Hassan Abdullah confirmed on Wednesday that there are sufficient foreign currency in the country to honor its obligations, especially after unifying exchange rates. At a press ....
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Finance min. says deal with IMF aims to restore stability to Egypt economy
Date: 2024-03-06 17:42:36 GMT - Egypt - Economy - SN:61 - ID:10613745
CAIRO, March 6 (MENA) - Minister of Finance Mohamed Maait said Wednesday the agreement with the International Monetary Fund (IMF) on the first and second reviews aims to restore stability of the Egyptian economy and bring it back on the right ....
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IMF official: Deal with Egypt "significant step in our continued strong partnership"
Date: 2024-03-06 17:00:39 GMT - USA - Economy - SN:57 - ID:10613730
WASHINGTON, March 6 (MENA) - Kristalina Georgieva, Managing director of the International Monetary Fund (IMF), said the IMF has reached a Staff-Level Agreement with Egypt on its reform program, which aims to restore economic stability and ensure ....
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PM announces new deal with IMF 3 Cairo
Date: 2024-03-06 16:36:02 GMT - Egypt - Economy - SN:56 - ID:10613490
Madbouli said that the program aims at reaching clear indicators that include increasing currency reserve of foreign currencies, cutting local or foreign debt and attracting direct foreign investments in the coming period. He added that the ....
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PM announces new deal with IMF 2 Cairo
Date: 2024-03-06 16:35:15 GMT - Egypt - Economy - SN:55 - ID:10613489
Madbouli announced Egypt and the International Monetary Fund (IMF) had reached an agreement concerning the first and second reviews. In a press conference after meeting with finance minister and governor of Central Bank of Egypt, he said that ....
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IMF doubles Egypt rescue program to $8bn, 2 last Cairo
Date: 2024-03-06 16:33:55 GMT - Egypt - Economy - SN:54 - ID:10613626
"Fourth, a new framework to slow down infrastructure spending including projects that have so far operated outside regular budget oversight. In particular, the authorities noted that they would limit the total amount of public investment from all ....
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IMF increases Egypt rescue program to $8bn
Date: 2024-03-06 16:33:21 GMT - Egypt - Economy - SN:53 - ID:10613555
CAIRO, March 6 (MENA) - Egypt agreed with the International Monetary Fund (IMF) on increasing its rescue program to $8 billion, Bloomberg reported. The country also reached a staff-level agreement with the Washington-based lender on two delayed ....
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CBE Governor: Agreement with IMF to improve efficiency of monetary policy
Date: 2024-03-06 16:30:27 GMT - Egypt - Economy - SN:52 - ID:10613584
NEW ADMINISTRATIVE CAPITAL, March 6 (MENA) – Governor of the Central Bank of Egypt (CBE) Hassan Abdullah said he agreed with the International Monetary Fund (IMF) to improve and enhance the efficiency of the monetary policy and raise the efficiency ....
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PM announces signining new deal with IMF
Date: 2024-03-06 16:00:46 GMT - Egypt - Economy - SN:51 - ID:10613483
CAIRO, March 6 (MENA) – Prime Minister Mostafa Madbouli announced that Egypt had reached an agreement with International Monetary Fund (IMF) concerning required economic policies to resume the first and second review phases within the framework of ....
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Shoukry, Tunisian FM review bilateral ties
Date: 2024-03-06 15:41:08 GMT - Egypt - Economy - SN:48 - ID:10613556
CAIRO, March 6 (MENA) - Foreign Minister Sameh Shoukry had talks on Wednesday with his Tunisian counterpart Nabil Ammar on the fringe of the Arab League Ministerial Council. On his X account, Foreign Ministry Spokesman Ahmed Abu Zeid said there ....
