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Lebanon is now without a president + Ghana lines up for IMF aid
Lebanon is president-less: Lebanese President Michel Aoun left office yesterday following the end of his six-year term, with the country’s…
ICYMI: Taweem 3.0, IMF loan, rate hike, and more
What the [redacted] happened on Thursday? The Central Bank of Egypt (CBE) at the end of last week went ahead…
Egypt in the News: Our FX bonds are on the up + the FT has a love letter for Egyptian tourism
FROM THE DEPT. OF GOOD NEWS: Egypt’s USD-denominated bonds have gained 5% this week, giving them a spot among the…
Wall Street bankers wary of what the future holds
Wall Street bankers reiterated their warnings about the global economy at the Future Investment Initiative in Riyadh yesterday, Reuters reports.…
Developing world debt is going nowhere — and that’s a barrier to climate goals
Debt relief? What debt relief? Policymakers, investors and campaigners have been left disappointed by a lack of progress by the…
Agreement on IMF loan coming “very soon” following DC meeting
Close, but no cigar: A meeting between Egyptian officials and the IMF yesterday ended with the two sides not yet…
External debt dips from all time high in 4Q FY 2021-22
Egypt’s external debt dropped 1.3% q-o-q to USD 155.7 bn during the fourth quarter of last fiscal year (from April-June…
Egypt in the News: NYT scrutinizes the new capital
Funding the new capital: The New York Times is out with a feature examining what it thinks is the USD…
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