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Arab Finance: The International Monetary Fund (IMF) has upgraded its forecasts for Egypt’s real gross domestic product (GDP) ...
The International Monetary Fund trimmed its growth forecast for Egypt’s economy to 4.1 percent for fiscal year 2025-26, a 0.2 ...
Egypt's economy likely grew 4.0% in the fiscal year that ended in June, a slight upward revision from the 3.8% forecast in ...
The International Monetary Fund (IMF) has slightly lowered its projection for Egypt’s real GDP growth by 0.2 percent for the ...
Egyptian army dominance has crippled the country’s economy and impacted the private sector's chances to thrive, the IMF warns ...
Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the fund said, citing the public sector's continued dominance of the economy as a ...
Egypt amended value-added taxes on cigarettes and alcoholic drinks while introducing a levy on crude oil, the latest bid to ...
Egypt's current account deficit narrowed to $2.1 billion in January to March 2025 from $7.5 billion in the same period a year ...
The IMF's executive board also approved Egypt's request for an arrangement under the resilience and sustainability facility with access to about $1.3 billion, the lender said in a statement.
CAIRO (Reuters) -Egypt's net foreign assets jumped by $4.9 billion in March, central bank data showed, apparently boosted by the approval of the fourth review of the country's IMF programme.
The staff-level agreement, announced on Tuesday by the IMF, puts Egypt on track for access a disbursement of about $1.2 billion. It still needs to be signed off by the Washington-based lender’s ...
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