Madbouly reviews efforts to reduce public debt in Egypt – Dailynewsegypt
Egypt’s Prime Minister Mostafa Madbouly met with Finance Minister Ahmed Kouchouk on Wednesday to discuss the country’s ongoing efforts to reduce public debt, maintaining its downward trajectory as a percentage of GDP. A Wednesday press statement by the Cabinet indicated
Egypt’s economy shows signs of recovery despite challenges: IMF – Dailynewsegypt
Egypt’s economy is showing signs of recovery following a difficult period marked by weak economic activity and foreign exchange shortages, according to a recent report by the International Monetary Fund (IMF). While growth slowed to an average of 2.5 percent
Egypt to receive $820m IMF 3rd tranche within days – Dailynewsegypt
Egypt is set to receive a $820m loan tranche from the International Monetary Fund (IMF) in the coming days after the fund’s executive board approved the third review of the country’s economic reform programme. Finance Minister Ahmed Kouchouk hailed the
IMF completes Egypt’s 3rd review, approves $820m tranche disbursement – Dailynewsegypt
The International Monetary Fund has approved a fresh disbursement of $820m to Egypt after IMF’s Executive Board completed the third review under the $8bn loan programme. The decision, announced on Monday, follows a positive assessment of the country’s economic performance since
IMF holds steady on 3.2% global growth forecast, warns of inflation risks, trade tensions – Dailynewsegypt
The International Monetary Fund (IMF) maintained its 2024 global growth forecast at 3.2% in its World Economic Outlook update released Tuesday, despite downgrading projections for the United States and Japan. However, the Fund cautioned about persistent inflation risks and potential