Egypt, IMF in final stages of verifying economic programme
Loan delayed by inconsistent implementation of subsidy cuts and tax hikes
The Egypt-IMF loan negotiation: The soap opera continues
Watching Egypt’s negotiation with the IMF for a proposed $4.8bn loan has…
Queues for fuel cause mayhem
The same day in Menufiya, a policeman was injured after residents blocked…
Morsi’s adviser says “IMF responsible” for loan delay
IMF held up by lack of signs of political consensus over the…
IMF expects Egypt economy to slow next fiscal year
The report predicted that annual inflation rates would increase by the end…
IMF claims progress in loan negotiations
The statement comea a few weeks ahead of planned protests for 30…
Egypt’s budget deficit estimated to hit EGP 197.5bn by end of June
Last year, the budget deficit reached EGP 134.996bn.
Inflation hikes to 8.1% in April on currency slide
Egypt’s Central Bank decided to keep overnight deposit and lending rates unchanged…
New $12bn bonds programme announced
The prospectus tasked HSBC Holdings and QNB Global with the rights to…