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Local banks rush to cut rates on savings following interest rate cut
The nation’s talking heads are picking up on banks moving to cut rates on their saving products as they react…
IMF raises our growth forecast, despite regional downgrade
The IMF now sees the economy growing at 3.8% and 4.3% in 2025 and 2026
How will the global economy fare if the US exits the IMF?
The efficacy of US financial sanctions could be “fatally” compromised
Tariffs and economic uncertainty hang over day two of the IMF and World Bank’s spring meetup
Good morning, friends, and welcome back. Leading the issue today is news that the government is working to replace the…
EU greenlights EUR 4 bn of macro-financial assistance
The loans are part of a wider EUR 5 bn macro-financial assistance package agreed in March last year
Inflation hits lowest level in nearly 3 years
Good morning, friends, and welcome to the weekend. We hope this warm Friday treats you well. We’re halfway through Ramadan,…
IMF calls for increased efforts on the structural reforms agenda and more from its fourth review
The Board completed the fourth review of Egypt’s USD 8 bn program earlier this week, allowing for the disbursement of…
USD 1.2 bn are coming our way within days after the IMF Board completed fourth review of our loan program
The Board also approved USD 1.3 bn in funds under the Resilience and Sustainability Facility
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