{"id":550048,"date":"2022-10-12T03:50:02","date_gmt":"2022-10-12T03:50:02","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/"},"modified":"2022-10-12T03:50:02","modified_gmt":"2022-10-12T03:50:02","slug":"this-morning-the-imfs-crystal-ball-is-dark-and-stormy","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/","title":{"rendered":"THIS MORNING: The IMF\u2019s crystal ball is dark and stormy"},"content":{"rendered":"<p><strong>Good morning, lovely people, and happy almost-Thursday. <\/strong><\/p>\n<p><strong>All eyes remain fixed on Washington DC this morning <\/strong>as the IMF and World Bank annual meetings continue.<\/p>\n<p><strong>On the home front, it\u2019s a good day on Planet Startup<\/strong> as two pharma companies snag funding rounds and the Nclude fintech fund gets a boost from Mastercard.<\/p>\n<p><strong>THE BIG STORY AT HOME AND ABROAD are one and the same today: Everybody\u2019s gazing into the IMF\u2019s crystal ball <\/strong>after the Fund released its latest global growth projections \u2014 and it ain\u2019t looking too sunny. IMF economists are warning that countries will have to walk a very thin line between over- and under-tightening if they want to curb inflation without also causing growth to stagnate. The Fund is predicting contractions in a third of the world\u2019s economies next year \u2014 and while we\u2019re still set to register strong growth here in Egypt, the picture isn\u2019t looking quite as bright as it did a few months ago. We have the full rundown in this morning\u2019s Economy section, below.<\/p>\n<p><strong>The IMF executive board has still not released its public meeting schedule. <\/strong>The body would have to approve any new assistance program for Egypt. Senior Egyptian officials and members of the banking community are all in DC for the meetings.<\/p>\n<p><strong>MEANWHILE- The EGP continued its slow slide against the greenback<\/strong>, easing nearly 2 piasters yesterday to hit a new low of 19.7268 against the greenback. The EGP has lost around a quarter of its value against the greenback this year, including the snap 15.9% devaluation in March.<\/p>\n<p><strong>The question on everybody\u2019s lips: How much further will the EGP slide <\/strong>before an IMF loan package is announced.<\/p>\n<p><strong>COUNTDOWN TO COP- 26 days to go <\/strong>until the Sharm El Sheikh climate summit, ladies and gentlemen.<\/p>\n<p><strong>***<\/strong><\/p>\n<p><strong><a href=\"https:\/\/www.surveymonkey.com\/r\/9VF6H6Y\">Take our EV survey:<\/a><\/strong> Are you an ex-petrolhead shopping around for your first electric vehicle? EV-curious and wondering what all the fuss is about? Or are you not ready to say goodbye to that sweet smell of benzene as you wait at the gas station?<\/p>\n<p><strong>We want to hear from you:<\/strong> We\u2019re taking the pulse on how the nation feels about Egypt\u2019s nascent EV transition. Take a few minutes to fill out <a href=\"https:\/\/www.surveymonkey.com\/r\/9VF6H6Y\">our short survey<\/a>. We\u2019ll be back with the results in a couple of weeks.<\/p>\n<p>***<\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">\n          Get <b style=\"font-weight: 700\">Enterprise<\/b> daily<br \/>\n        <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>      <a href=\"egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\">Subscribe here<\/a>\n    <\/div>\n<\/p><\/div>\n<\/div>\n<p><strong>CIRCLE YOUR CALENDAR-<\/strong><\/p>\n<p><strong>Bread reform committee should get House approval on Sunday:<\/strong> The House will approve Supply Minister Ali El Moselhy\u2019s <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/fdba61a4-ba13-4035-a2a7-51511a9b61a0\">proposal to form an ad hoc committee<\/a> to look into possible changes to the country\u2019s massive bread subsidy program during its session on Sunday, 16 October, head of the House agriculture committee Hesham El Hossary told reporters yesterday.<\/p>\n<p><strong>The EGX is looking to drum up interest in listed companies on a roadshow <\/strong><strong>to Dubai and Abu Dhabi later this month<\/strong>, an EGX source told Enterprise. The bourse has tapped Al Ahly Pharos to help manage the roadshow, with EGX boss Rami El Dokany set to meet with as many as 100 regional and international financial institutions, the source said.<\/p>\n<p><strong>We\u2019re celebrating 50 years of ties with the UAE <\/strong>in a three-day event in Cairo from 26-28 October, under the slogan \u201cUAE and Egypt \u2026 One Heart,\u201d according to a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid0LXkrA1yvJmfVxBuUF9fA94GeAoPkbWA44cRRaWhJEzcu69p5eGocBaQXqeH6AmaEl\">statement<\/a>. The event will highlight the economic and investment ties the two countries have built over the decades, as well as cultural links.<\/p>\n<p><strong>Fuel prices to rise this month?<\/strong> We\u2019re expecting the government to <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/d105a5e1-bbde-4d04-b84c-b2b24a38ccf8\">hike fuel prices<\/a> for the seventh consecutive quarter when the fuel pricing committee meets this month. Fuel prices have risen by <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/59629508-f337-48ec-b80c-092a43eecb30\">as much as 28%<\/a> over the past 18 months in response to heightened international oil prices, which surged earlier this year on the back of Russia\u2019s invasion of Ukraine.<\/p>\n<p><strong>Smart Green Governorates shortlist coming next month:<\/strong> Egypt\u2019s Smart Green Governorates initiative will announce the full shortlist of 60 projects for the initiative at a conference early next month, according to a <a href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02tKfAXQPTdUdcqG6MKFQj72EGjJ5DApAja45Ls7hfcHRnzmQQqhnsFUbJvp8kNTMhl\">cabinet statement<\/a>. The initiative\u2019s technical committee is currently in the process of whittling down the shortlist from 162 projects to 60 (10 projects from each of the six categories), which will be presented to a national jury to select the final 18 projects. These will be showcased to investors at COP27.<\/p>\n<p><strong><a href=\"https:\/\/enterprise.press\/am-edition\/#calendar\">Check out our full calendar on the web<\/a><\/strong> for a comprehensive listing of upcoming news events, national holidays and news triggers.<\/p>\n<p class='web-image'><img data-recalc-dims=\"1\" src=\"https:\/\/i0.wp.com\/ent.news\/2020\/1\/Web-view-01.jpg?ssl=1\" alt='enterprise'><\/p>\n<p><strong>*** It\u2019s Hardhat day \u2014 your weekly briefing of all things infrastructure in Egypt:<\/strong> Enterprise\u2019s industry vertical focuses each Wednesday on infrastructure, covering everything from energy, water, transportation, and urban development, as well as social infrastructure such as health and education.<\/p>\n<p><strong>In today\u2019s issue: <\/strong>We take a closer look at how cement and brick makers are set to respond to recent natural gas price hikes.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, lovely people, and happy almost-Thursday. All eyes remain fixed on Washington DC this morning as the IMF and World Bank annual meetings continue. On the home front, it\u2019s a good day on Planet Startup as two pharma companies snag funding rounds and the Nclude fintech fund gets a boost from Mastercard. THE BIG [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7204],"tags":[228,104,1419,72,348,272,74,321],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-550048","post","type-post","status-publish","format-standard","hentry","category-what-were-tracking-today","tag-cop27","tag-economy","tag-egp","tag-enterpriseam","tag-gdp","tag-imf","tag-what-were-tracking-today","tag-world-bank","wpautop","entry"],"acf":{"mongo_id":"faae58c4-6321-4dd6-a5c5-ac620389ca3a","order":"0","is_powered_by":true,"story_type":"4","photo_url":"","photo_position":"above","related_issue":[550046],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>THIS MORNING: The IMF\u2019s crystal ball is dark and stormy - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"THIS MORNING: The IMF\u2019s crystal ball is dark and stormy\" \/>\n<meta property=\"og:description\" content=\"Good morning, lovely people, and happy almost-Thursday. All eyes remain fixed on Washington DC this morning as the IMF and World Bank annual meetings continue. On the home front, it\u2019s a good day on Planet Startup as two pharma companies snag funding rounds and the Nclude fintech fund gets a boost from Mastercard. THE BIG [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-12T03:50:02+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"THIS MORNING: The IMF\u2019s crystal ball is dark and stormy\",\"datePublished\":\"2022-10-12T03:50:02+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/\"},\"wordCount\":821,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg\",\"keywords\":[\"COP27\",\"economy\",\"EGP\",\"EnterpriseAM\",\"GDP\",\"IMF\",\"What We're Tracking Today\",\"World Bank\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/\",\"name\":\"THIS MORNING: The IMF\u2019s crystal ball is dark and stormy - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg\",\"datePublished\":\"2022-10-12T03:50:02+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/#primaryimage\",\"url\":\"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg\",\"contentUrl\":\"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"THIS MORNING: The IMF\u2019s crystal ball is dark and stormy\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"THIS MORNING: The IMF\u2019s crystal ball is dark and stormy - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/","og_locale":"en_US","og_type":"article","og_title":"THIS MORNING: The IMF\u2019s crystal ball is dark and stormy","og_description":"Good morning, lovely people, and happy almost-Thursday. All eyes remain fixed on Washington DC this morning as the IMF and World Bank annual meetings continue. On the home front, it\u2019s a good day on Planet Startup as two pharma companies snag funding rounds and the Nclude fintech fund gets a boost from Mastercard. THE BIG [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2022-10-12T03:50:02+00:00","og_image":[{"url":"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"THIS MORNING: The IMF\u2019s crystal ball is dark and stormy","datePublished":"2022-10-12T03:50:02+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/"},"wordCount":821,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/#primaryimage"},"thumbnailUrl":"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg","keywords":["COP27","economy","EGP","EnterpriseAM","GDP","IMF","What We're Tracking Today","World Bank"],"articleSection":["What We're Tracking Today"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/","url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/","name":"THIS MORNING: The IMF\u2019s crystal ball is dark and stormy - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/#primaryimage"},"thumbnailUrl":"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg","datePublished":"2022-10-12T03:50:02+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/#primaryimage","url":"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg","contentUrl":"https:\/\/ent.news\/2020\/1\/Web-view-01.jpg"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/this-morning-the-imfs-crystal-ball-is-dark-and-stormy\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"THIS MORNING: The IMF\u2019s crystal ball is dark and stormy"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/egypt\/#website","url":"https:\/\/enterpriseam.com\/egypt\/","name":"EnterpriseAM","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/egypt\/#organization","name":"EnterpriseAM","url":"https:\/\/enterpriseam.com\/egypt\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/240894.svg","contentUrl":"https:\/\/ent.news\/internal\/240894.svg","caption":"EnterpriseAM"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"}]}},"featured_image_src":null,"featured_image_src_square":null,"author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":545934,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/18\/this-morning-with-the-specter-of-stagflation-looming-the-imf-world-bank-spring-meetings-start-today\/","url_meta":{"origin":550048,"position":0},"title":"THIS MORNING: With the specter of stagflation looming, the IMF \/ World Bank spring meetings start today","author":"enterpriseam admin","date":"18 April 2022","format":false,"excerpt":"Good morning, friends, and welcome to the first truly slow news day of Ramadan. It took the confluence of Ramadan, Western Easter, Coptic Good Friday and Passover to slow down the freight train that is the 2022 news cycle, but we\u2019re not complaining.Sound smart: The overlapping of Ramadan, two Easters\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550798,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/27\/the-2022-imf-world-bank-spring-meetings-have-ended-here-are-the-key-takeaways\/","url_meta":{"origin":550048,"position":1},"title":"The 2022 IMF + World Bank Spring Meetings have ended: Here are the key takeaways","author":"enterpriseam admin","date":"27 April 2022","format":false,"excerpt":"RECAP \u2014 The IMF \/ World Bank Spring: The war in Ukraine and ensuring food security in developing countries stole most of the attention last week as global financial chiefs descended upon Washington, DC for the IMF \/ World Bank\u2019s annual Spring Meetings. The general outlook this year was grim\u2026","rel":"","context":"In &quot;THE MACRO PICTURE&quot;","block_context":{"text":"THE MACRO PICTURE","link":"https:\/\/enterpriseam.com\/egypt\/category\/the-macro-picture\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/528.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":597344,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/24\/what-were-tracking-on-24-july-2019\/","url_meta":{"origin":550048,"position":2},"title":"What we\u2019re tracking on 24 July 2019","author":"enterpriseam admin","date":"24 July 2019","format":false,"excerpt":"Good morning, folks, and welcome back to the second half of our shortened work week. We should find out today whether the IMF\u2019s executive board will sign off on disbursing the final USD 2 bn tranche of our USD 12 bn loan. Egypt reached a staff-level agreement with the IMF\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548806,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/23\/imf-talks-in-final-stages-says-madbouly\/","url_meta":{"origin":550048,"position":3},"title":"IMF talks in \u201cfinal stages,\u201d says Madbouly","author":"enterpriseam admin","date":"23 August 2022","format":false,"excerpt":"Egypt and the IMF are in the \u201cfinal stages\u201d of talks for a fresh facility to help shore up the economy, Prime Minister Moustafa Madbouly said in a cabinet statement yesterday. The statement didn\u2019t provide any details about the talks. Madbouly\u2019s statement comes amid growing pressure on the EGP and\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/8\/354.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550730,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/19\/this-evening-imfs-latest-growth-projections-has-good-news-for-egypt-vodafone-egypt-acquires-10-stakes-in-bee-and-masary\/","url_meta":{"origin":550048,"position":4},"title":"THIS EVENING: IMF\u2019s latest growth projections has good news for Egypt + Vodafone Egypt acquires 10% stakes in Bee and Masary","author":"enterpriseam admin","date":"19 April 2022","format":false,"excerpt":"Good afternoon, wonderful people. It\u2019s still a moderately busy day, with capital market news from the homefront gathering pace this afternoon. BUT FIRST: We just received confirmation (pdf) from the Central Bank of Egypt that next Sunday, 24 April will be a bank holiday in observance of Coptic Easter. The\u2026","rel":"","context":"In &quot;WHAT WE\u2019RE TRACKING TONIGHT&quot;","block_context":{"text":"WHAT WE\u2019RE TRACKING TONIGHT","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-tonight\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":558763,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/08\/25\/egypt-gets-almost-usd-2-8-bn-of-imfs-record-sdr-allocation\/","url_meta":{"origin":550048,"position":5},"title":"Egypt gets almost USD 2.8 bn of IMF\u2019s record SDR allocation","author":"enterpriseam admin","date":"25 August 2021","format":false,"excerpt":"Egypt will receive a foreign currency boost equivalent to c. USD 2.8 bn through the IMF\u2019s new SDR allocation, which came into effect on 23 August: The International Monetary Fund (IMF) announced the disbursal of almost USD 650 bn in new special drawing rights (SDRs) \u2014 the largest allocation in\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/8\/256.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/550048","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=550048"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/550048\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/550046"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=550048"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=550048"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=550048"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=550048"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=550048"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}