CAIRO, Dec 23 (Reuters) - The International Monetary Fund said ‌on Tuesday it had reached ‌a staff-level agreement with Egypt on the fifth and sixth reviews under its Extended Fund Facility ...

Economists have trimmed Egypt’s growth forecast for 2026 to 4.6% as the Iran war drives up energy costs, stokes inflation, and threatens key revenue sources like tourism and Suez Canal tolls. The ...

The International Monetary Fund is not presently considering enhancing Egypt's $8 billion loan agreement, despite the ...

FILE - Egyptians walk past a poster depicting U.S. dollars and other currencies outside an exchange office in Cairo, Egypt, Thursday, Jan. 12, 2023. (AP Photo/Amr Nabil, File) FILE - Egyptians walk ...

The IMF has cut its growth forecast for emerging and developing economies to 3.9% from 4.2%, citing inflation, fiscal strain, and trade disruption from the Iran war. Countries near the conflict, such ...

Egypt is currently implementing an $8 billion Extended Fund Facility (EFF) programme with the International Monetary Fund, agreed in 2024 as an expansion of an earlier 2022 deal, aimed at restoring ...

Egypt has maintained financial stability despite spillovers from the war in the Middle East, supported by exchange rate ...

Egyptian Prime Minister Mostafa Madbouly announced on Saturday that Egypt is set to receive the inaugural installment of an 8-billion-dollar expanded loan program from the International Monetary Fund ...

Read full article: From storms to temperature swings: What to expect this week in Metro Detroit After the speech, some Detroiters said they were encouraged by the focus on students and services What ...

Read full article: Summerlike heat arrives as dangerous beach conditions persist. The IMF said in a statement Wednesday that the decision to release the funding followed reviews of the government ...