{"id":622214,"date":"2018-11-29T04:41:40","date_gmt":"2018-11-29T04:41:40","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/"},"modified":"2018-11-29T04:41:40","modified_gmt":"2018-11-29T04:41:40","slug":"egypt-will-not-ask-the-imf-for-further-funding","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/","title":{"rendered":"Egypt will not ask the IMF for further funding"},"content":{"rendered":"<p><a class=\"content-anchor\" id=\"tldr-story-02\"><\/a> <strong>Egypt will not ask the IMF for further funding <\/strong>after its USD 12 bn, IMF-backed reform program ends next year, but will continue cooperating with the lender to maintain investor confidence, Finance Minister <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-11-28\/egypt-says-won-t-seek-further-funding-from-imf-when-program-ends\">Mohamed Maait told Bloomberg<\/a> in an interview. Asked if Egypt is optimistic about economic growth in light of the global slowdown, Maait said, \u201cUntil now we believe that we are on track, we did not downgrade any of our projections, we are waiting for the end of the first half of our financial year to see whether our projections would be as we planned or we have to come out and say we have to change our projections and downgrade them.\u201d<\/p>\n<p><strong>Maait\u2019s global economic worries, in order of impact:<\/strong> For Egypt, an increase in oil prices poses the biggest threat, followed the prospect of further interest rate hikes in the United States and trade wars, including the marquee dust-up between the US and China, Maait said. \u201cEventually whatever the decision, you have to take into account the global economy and what\u2019s going to happen and I believe that the US will take this into consideration very seriously,\u201d Maait said.<\/p>\n<p><strong>Bank treasury tax law: <\/strong>Commenting on government-proposed amendments to the tax code that would require banks to separately account for their earnings from investments in treasuries, Maait sees a short- term impact on demand for state-issued debt, but thinks the market will adjust. \u201cI have to be very clear about that, I did not change the tax rate on treasury bills and bonds, it\u2019s still 20%. I did not change the tax rate on corporate companies, it\u2019s still 22.5% ... the only changes is to separate the tax treatment \u2026 and I do that similar to what has been done everywhere \u2026 it\u2019s in consistency with the international accounting standards, so it\u2019s not an additional tax burden on financial institutions as it was presented to the media,\u201d Maait said, expecting it to raise an additional EGP 6-8 bn for the state\u2019s coffers. He insisted that it would not apply retroactively.<\/p>\n<p><strong>Bond issuance plans: <\/strong>Egypt will continue tapping the international market and might issue yen and yuan-denominated treasury bonds in early 2019, as we have previously reported. Maait expects green bonds to be issued before the end of the current fiscal year and sukuk in the fiscal year thereafter. \u201cWe will diversify countries, we will diversify currencies and we will diversify products,\u201d Maait said.<\/p>\n<p><strong>Egypt will next tap the bond market in February or April of next year <\/strong>and will borrow next year about as much or a less than it did in 2018, Maait said.<\/p>\n<p><strong>Making it easier for foreign investors to get into Egyptian debt: <\/strong>Egypt is, as we\u2019d previously noted, close to signing an agreement with Euroclear which would enable foreign investors to buy EGP-denominated bonds directly instead of through local banks. \u201cWe are taking steps. We hope that by April we\u2019ll be ready and in the new financial year all our local and domestic debt issuances will be Euroclearable,\u201d Maait said.<\/p>\n<p><strong>JP Morgan bond index:<\/strong> The government is also hoping to follow in the footsteps of Saudi and other GCC states in joining JPMorgan\u2019s Emerging Market Bond Index (EMBI) by the end of FY 2019. \u201cTo be included in the JPMorgan index might take longer, but if we can also finish it by 30 June 2019 it would be a fantastic news for us because we think these tools will help us to reduce the cost of borrowing,\u201d Maait said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt will not ask the IMF for further funding after its USD 12 bn, IMF-backed reform program ends next year, but will continue cooperating with the lender to maintain investor confidence, Finance Minister Mohamed Maait told Bloomberg in an interview. Asked if Egypt is optimistic about economic growth in light of the global slowdown, Maait [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":622215,"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":[8572],"tags":[72,272,724,100,2380,1041],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-622214","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-speed-round","tag-enterpriseam","tag-imf","tag-monetary-policy","tag-policy","tag-speed-round","tag-treasuries","wpautop","entry"],"acf":{"mongo_id":"6a0de308-be61-46b1-af9e-f20427ce8238","order":"0","is_powered_by":true,"section_story_id":"70bfc918-7cf9-4e7d-be7a-173967e270c7","story_type":"1","photo_url":"https:\/\/ent.news\/2020\/12\/172.jpg","photo_position":"above","related_issue":[622204],"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>Egypt will not ask the IMF for further funding - 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\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt will not ask the IMF for further funding\" \/>\n<meta property=\"og:description\" content=\"Egypt will not ask the IMF for further funding after its USD 12 bn, IMF-backed reform program ends next year, but will continue cooperating with the lender to maintain investor confidence, Finance Minister Mohamed Maait told Bloomberg in an interview. Asked if Egypt is optimistic about economic growth in light of the global slowdown, Maait [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-11-29T04:41:40+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/172.jpg?fit=%2C&ssl=1\" \/>\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=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt will not ask the IMF for further funding\",\"datePublished\":\"2018-11-29T04:41:40+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/\"},\"wordCount\":593,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/172.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"IMF\",\"monetary policy\",\"policy\",\"SPEED ROUND\",\"treasuries\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/\",\"name\":\"Egypt will not ask the IMF for further funding - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/172.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2018-11-29T04:41:40+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/172.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2020\/12\/172.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt will not ask the IMF for further funding\"}]},{\"@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":"Egypt will not ask the IMF for further funding - 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\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/","og_locale":"en_US","og_type":"article","og_title":"Egypt will not ask the IMF for further funding","og_description":"Egypt will not ask the IMF for further funding after its USD 12 bn, IMF-backed reform program ends next year, but will continue cooperating with the lender to maintain investor confidence, Finance Minister Mohamed Maait told Bloomberg in an interview. Asked if Egypt is optimistic about economic growth in light of the global slowdown, Maait [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2018-11-29T04:41:40+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/172.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Egypt will not ask the IMF for further funding","datePublished":"2018-11-29T04:41:40+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/"},"wordCount":593,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/172.jpg?fit=%2C&ssl=1","keywords":["EnterpriseAM","IMF","monetary policy","policy","SPEED ROUND","treasuries"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/","url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/","name":"Egypt will not ask the IMF for further funding - EnterpriseAM Egypt","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/172.jpg?fit=%2C&ssl=1","datePublished":"2018-11-29T04:41:40+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/172.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/172.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/29\/egypt-will-not-ask-the-imf-for-further-funding\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/egypt\/"},{"@type":"ListItem","position":2,"name":"Egypt will not ask the IMF for further funding"}]},{"@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":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/172.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/172.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2020\/12\/172.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[{"id":593994,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/16\/imf-downgrades-expectations-for-2019-global-growth-amid-synchronized-slowdown\/","url_meta":{"origin":622214,"position":0},"title":"IMF downgrades expectations for 2019 global growth amid \u201csynchronized slowdown\u201d","author":"enterpriseam admin","date":"16 October 2019","format":false,"excerpt":"IMF downgrades 2019 global growth outlook to 3%: The global economy is in a \u201csynchronized slowdown,\u201d IMF Chief Economist Gita Gopinath said in the fund\u2019s latest World Economic Outlook (pdf), which has again downgraded its 2019 growth projections to 3.0% from 3.3% in its April report. Growth is expected to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/153.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572457,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/25\/imf-forecasts-deeper-recession-slower-recovery-as-virus-fears-linger\/","url_meta":{"origin":622214,"position":1},"title":"IMF forecasts deeper recession, slower recovery as virus fears linger","author":"enterpriseam admin","date":"25 June 2020","format":false,"excerpt":"YOUR DAILY DOSE OF GLOOM- IMF forecasts deeper global recession, slower recovery as virus fears linger: The global economy will suffer a deeper recession than previously expected as the pandemic continues to intensify in some parts of the world, and businesses and consumers continue to reel from the effects of\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/6\/272.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":575410,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/10\/14\/imf-warns-of-long-protracted-recovery-as-it-eases-global-recession-forecast\/","url_meta":{"origin":622214,"position":2},"title":"IMF warns of long, protracted recovery as it eases global recession forecast","author":"enterpriseam admin","date":"14 October 2020","format":false,"excerpt":"IMF warns of long, slow recovery as it eases global recession forecast: The International Monetary Fund (IMF) now sees the world\u2019s GDP contracting at a 4.4% pace \u2014 an improvement from the 4.9% it projected in its June outlook \u2014 after economies coming out of lockdown showed improved trade, retail\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/143.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":593858,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/13\/imf-out-with-final-review-of-egypts-reform-program\/","url_meta":{"origin":622214,"position":3},"title":"IMF out with final review of Egypt\u2019s reform program","author":"enterpriseam admin","date":"13 October 2019","format":false,"excerpt":"IMF out with final review of Egypt\u2019s reform program: The International Monetary Finance (IMF) released on Friday its fifth and final policy review of Egypt\u2019s economic reform program, which was conducted last July ahead of disbursing the final USD 2 bn tranche of the institution\u2019s USD 12 bn facility to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/153.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572572,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/30\/gerd-at-the-security-council-maait-on-egypts-economy-and-imf-funding\/","url_meta":{"origin":622214,"position":4},"title":"GERD at the Security Council + Maait on Egypt\u2019s economy and IMF funding","author":"enterpriseam admin","date":"30 June 2020","format":false,"excerpt":"The UN Security Council meeting on the Grand Ethiopian Renaissance Dam (GERD) was by far the most widely covered topic on the airwaves last night. Al Kahera Alaan\u2019s Lamees El Hadidi (watch, runtime: 3:24), El Hekaya\u2019s Amr Adib (watch: runtime: 2:15), and Masaa DMC\u2019s Eman El Hosary (watch, runtime: 10:15)\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":548270,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/08\/02\/maait-dials-down-expectations-for-imf-loan\/","url_meta":{"origin":622214,"position":5},"title":"Maait dials down expectations for IMF loan","author":"enterpriseam admin","date":"2 August 2022","format":false,"excerpt":"Maait shoots down talk of a USD 15 bn IMF loan: \u201cThat figure is completely inaccurate,\u201d Finance Minister Mohamed Maait told Al Kahera Wal Nas\u2019 Khairy Ramadan late Sunday evening (watch, runtime: 22:43) when asked if Egypt is requesting a USD 15 bn loan from the international lender. Maait maintained\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\/116.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\/622214","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=622214"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/622214\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/622204"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/622215"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=622214"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=622214"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=622214"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=622214"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=622214"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}