Egypt’s real GDP to reach 6.4% in FY 2021/22: IMF
IMF downgrades expectations for Egypt’s FY 2020/21 financing needs to $42bn, up…
Egypt’s real GDP growth projected to reach 6.5% in FY 2021/22: IMF
Inflation expected to jump to about 8% on average in FY 2020/2021,…
IMF expects global goods, services trade to contract 12% in 2020
The report noted that the global volume of goods trade in the…
Egypt least pandemic-hit economically in MENA as damage split over two FYs
Egypt undertook supportive measures for private sector and social, health care, to…
IMF forecasts 5.7% economic contraction across MENA region in 2020
Regional GDP growth to recover to 3.4% in 2021, down from 4.2%…
Massive fiscal response to COVID-19 pandemic pushes global public debt to record level: IMF
Global public debt reaching its highest level in recorded history, at over…
IMF approves immediate disbursement of $2bn under Egypt’s $5.2bn SBA loan
Remainder of SBA loan will be phased over two reviews
IMF approves 12-month $5.2bn Stand-By Arrangement for Egypt
New IMF arrangement aims to help Egypt cope with the challenges posed…
IMF forecasts 4.9% contraction in 2020 global economy due to COVID-19
Fund expects negative growth for all regions for first time in its…
Egypt’s new IMF loan agreement stimulates stock market
The benchmark index EGX30 closed at 11,108 points, while the EGX70 EWI…
