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…
Kerry urges Morsi to make progress on economic reforms
Reform measures hampered by unrest and lack of political support for plans
The IMF conundrum: austerity and unrest
Accepting the International Monetary Fund loan in Egypt means testing the public’s…
IMF: Inflation in Egypt expected to rise by 10.9% this year
The International Monetary Fund also projects the country’s budget deficit to shrink…