Arab Republic of Egypt and the IMF
This web page provides information on official IMF reports and Executive Board documents in English that deal with Egypt.
IMF Mission Concludes Visit to Egypt for the Fourth Review under …
1 day ago — IMF Mission Concludes Visit to Egypt for the Fourth Review under the Extended Fund Facility. Cairo, Egypt: An International Monetary Fund mission led by Ivanna Vladkova Hollar held in-person discussions with the authorities during November 6-20 in Cairo. At the conclusion of the visit, Ms. Vladkova Hollar issued the following statement:
Egypt floats its currency and agrees with the ... - Associated Press News
Mar 6, 2024 — CAIRO (AP) — Egypt on Wednesday floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan from $3 billion to $8 billion, moving to shore up an economy hit by a staggering shortage of …
IMF confirms increasing Egypt’s bailout loan to $8 billion
CAIRO (AP) — The executive board of the International Monetary Fund confirmed a deal with Egypt to increase its bailout loan from $3 billion to $8 billion, in a move that is meant to shore up the Arab country’s economy which is hit by a staggering shortage of …
Egypt Seeks to Review Goals Through End of IMF Program, PM Says
2 days ago — 1:25. Egypt has asked the International Monetary Fund to review the targets for the full duration of its $8 billion program, Prime Minister Mostafa Madbouly said. IMF officials visiting Egypt in ...
IMF Staff and the Egyptian Authorities Reach Staff Level …
Mar 6, 2024 — International Monetary Fund (IMF) staff and the Egyptian authorities have reached staff level agreement on a set of comprehensive policies and reforms needed to complete the first and second reviews under the Extended Fund Facility (EFF) arrangement.
Egypt secures IMF deal after pound plunge, bumper rate hike
CAIRO/DUBAI, March 6 (Reuters) - Egypt secured an expanded $8 billion deal on Wednesday with the International Monetary Fund, hours after the central bank unshackled its currency and...
IMF mission concludes visit to Egypt for the fourth review of loan ...
1 day ago — The International Monetary Fund said on Wednesday that its mission had concluded a visit to Egypt and made substantial progress on policy discussions toward the completion of the fourth review of ...
Egypt Keeps Record-High Rate as It Weighs Fuel Hike, IMF Review
1 day ago — Egypt kept interest rates at a record high as it weighs the effects of a new round of subsidy cuts and awaits the completion of a key International Monetary Fund review. The central bank ...
I.M.F. Agrees to Much Larger Rescue Package for Egypt
Mar 6, 2024 — The International Monetary Fund has agreed to more than double a bailout package for Egypt, which is going through its worst economic crisis in decades, exacerbated by war in the neighboring Gaza...