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IMF to commence 4th review of Egypt's economic reform program on November 5th

The International Monetary Fund (IMF) is set to begin its fourth review of Egypt's economic reform program on Tuesday, November 5th, as announced by Prime Minister Mostafa Madbouly during a press conference in Cairo with IMF Managing Director Kristalina Georgieva.

Updated 11/3/2024 1:26:00 AM
Egypt's real GDP slows to 2.4% in 9 months: CBE

Egypt's real gross domestic product (GDP) growth decelerated to 2.4%in the first nine months of fiscal year (FY) 2023/2024, down from 4.1% in the same period a FY earlier, data from the Central Bank of Egypt (CBE) showed.

Updated 10/2/2024 12:12:00 PM
Egypt borrows $616M from Arab Monetary Fund for financial reforms

The Arab Monetary Fund (AMF) has extended a $615.8 million loan to Egypt under the country’s Structural Adjustment Facility to support its financial and banking sectors’ reforms.

Updated 7/30/2023 3:47:00 AM