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THIS MORNING: There’s more speculation about devaluation ahead of Thursday’s MPC meeting
The USD rate has continued to widen in the parallel and derivative markets in recent days
THIS MORNING: IMF Egypt loan review date still TBC
The review was supposed to be underway on 15 March
IMF signs off on loan agreements for Sri Lanka, Ukraine
IMF approves USD 3 bn bailout for Sri Lanka following months of talks
CBE unveils terms of new subsidized lending program
The CBE has handed responsibility for subsidized loans to the FinMin under the IMF deal.
Economic “overhaul” needed to make IMF program a success, says IIF
Egypt needs to “overhaul” its business environment for the latest IMF program to succeed: That’s the conclusion of the Institute…
IMF praises Gulf economies on move away from oil + GCC equities left out of EM tear
IMF gives the Gulf tub-tubs on battling its oil dependency: Oil-producing Gulf countries have been successful in diversifying their economies…
El Sisi meets with IMF’s Georgieva at Dubai World Government Summit
President Abdel Fattah El-Sisi had a busy day on the sidelines of the WorldGovernment Summit in Dubai, meeting with IMF…
More EMs in the devaluation zone + IMF sounds alarm on rising public debt in MENA
Will other emerging markets follow Egypt, Pakistan and Lebanon on the devaluation trail? Analysts now see Argentina, Nigeria, Malawi, Ethiopia…
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