IMF maintains Egypt forecast as only MCD country with positive 2020 growth
Egypt’s reform programme significantly contributed to improving general economic indicators, says Jihad…
Egypt unearths huge number of sarcophagi over 2,500 years old in Saqqara
Details of discovery will be announced during next few weeks, after archaeological…
More 110 – 150 million people will live in extreme poverty, less than $1.90/day, in 2021: WBG
WBG plans to make available up to $12bn to countries for purchase…
2021 debt-to-GDP to reach around 65% in emerging markets: IMF
Georgieva mentioned that where debt is unsustainable, it should be restructured without…
Emerging, developing countries need estimated $2.5trn to meet needs: IMF
G24 calls for increased debt transparency, focus on growing financing needs of…
IMF’s 2021 growth projections for MENA worse than global average: Georgieva
More troubling, however, is the fund’s projections for 2021, which will see…
COVID-19 could cost estimated $28trn in output losses over next 5 years: Georgieva
Faster progress on medical solutions could speed up post-pandemic recovery, potentially adding…
COVID-19 prompts $11.7trn in fiscal actions, or about 12% of global GDP: IMF
The data was released in an IMF report on Wednesday, entitled “Fiscal…
Some global economies face debt distress, financial instability requiring official support: IMF
Most banks will be able to absorb losses, but there is a…
Egypt`s economy to grow 2.8% in FY 2020/21, versus 3.5% growth estimate in 2019/20: IMF
IMF projects global growth of -4.4%, upward revision of 0.8% compared to…