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Madbouly presser on economy dominates the talk shows
Prime Minister Moustafa Madbouly’s epic presser yesterday was all over the airwaves last night: Business leaders gave their reactions to…
An agreement with the IMF is coming “within months”
A fresh IMF program could be sealed in a few months: The government expects to reach an agreement with the…
Madbouly announces plans to privatize state assets + boost private investment
Madbouly announces plans to privatize state assets + boost private investment: Prime Minister Moustafa Madbouly outlined the government’s plans to…
Emerging-market investors expect IMF to back risky debt + global food prices eased (slightly) in April
Expectations of IMF support are driving gains in some of the riskiest EM debt markets: Emerging-market debt has been battered…
Support talks with IMF reach technical stage as lender pinpoints key reforms + The Fund expects uneven recovery in the Middle East
Talks between Egypt and the IMF on a fresh support package have reached the “technical stage,” Jihad Azour, the multilateral…
The 2022 IMF + World Bank Spring Meetings have ended: Here are the key takeaways
RECAP — The IMF / World Bank Spring: The war in Ukraine and ensuring food security in developing countries stole…
IMF expects slimmer narrowing of Egypt’s budget deficit this fiscal year
Egypt’s budget deficit is expected to narrow to 6.8% by the end of the current fiscal year, the IMF said…
S&P, Fitch ratings affirm credit rating at BB, B+, say outlook stable despite Russia-Ukraine war
S&P and Fitch Ratings have both affirmed Egypt’s BB and B+ credit ratings with a stable outlook, despite surging food…
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