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Egypt is within striking distance of IMF agreement, Fund chief says
The IMF and Egyptian authorities will continue virtual discussions on economic and financial policies
We’re in talks with the IMF for a bigger package
An IMF spokesperson described the need for more financing as “critical” due to the war in Gaza
IMF boss meets CBE’s Abdalla + Gaza war could trigger “little pause in investments”
Good morning, everyone, and welcome to what is (on the home front at least) one of the slowest news days…
El Sisi meets IMF boss + the EGP posts gains against the USD in the black market
Good morning, wonderful people, and happy December. It’s almost inconceivable, but 2023 is now drawing to a close. A BIG,…
IMF could bump up our USD 3 bn loan on back of Gaza war
Unconfirmed reports last month claimed that Egypt was looking to borrow another USD 2 bn from the Fund
IMF chief warns of economic toll of Gaza war, humanitarian crisis deepens as fuel supplies run out
Plus: El Sisi meets Macron and Israel’s war on the UN
We want USD 2 bn more from IMF to bring our assistance program to USD 5 bn, a report claims
The Madbouly government wants to raise the size of the USD 3 bn to a total of USD 5 bn
Egypt must devalue or risk “bleeding” reserves -IMF chief
Kristalina Georgieva suggests there could be news in the coming weeks on when we can expect a review of progress…
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