News

Egypt amended value-added taxes on cigarettes and alcoholic drinks while introducing a levy on crude oil, the latest bid to ...
Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...
Egypt's Finance Minister Ahmed Kouchouk said on Wednesday he is confident Egypt is hitting targets set by the International ...
Egypt's Finance Minister Ahmed Kouchouk said on Wednesday he was confident the country would hit its key economic reform ...
Arab Finance: Egypt’s primary balance surplus, excluding divestment proceeds, is expected to reach 4% of gross domestic ...
The fund highlighted that the Central Bank of Egypt (CBE) applied a flexible exchange rate regime in March 2024, which ...
As Egypt enters a critical phase of its $8 billion Extended Fund Facility (EFF) loan programme with the International ...
Once the fifth and sixth reviews are completed in September, Egypt will be eligible to receive two tranches, worth $2.4 billion, out of the total $8 billion loan. Kozack made these remarks on Thursday ...
The International Monetary Fund (IMF) is urging the Ethiopian government to remove exchange rate restrictions on capital ...
A floating exchange rate and international support have helped draw billions of dollars back into Egypt’s economy. Now the banking industry hopes to see reforms to create a more dynamic private sector ...
The IMF may merge its fifth and sixth reviews of Egypt's $8 billion support programme because of slow progress on structural reforms, possibly delaying a new disbursement by half a year, three people ...
CAIRO (Reuters) -Egypt's annual headline inflation rate is forecast to have decelerated slightly in June to 16.2% as some food and beverage prices softened, a Reuters poll found.