{"id":657787,"date":"2024-12-26T00:00:00","date_gmt":"2024-12-26T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/26\/when-can-we-expect-the-newly-unlocked-usd-1-2-bn-from-the-imf-to-land-in-state-coffers\/"},"modified":"2024-12-26T00:00:00","modified_gmt":"2024-12-26T00:00:00","slug":"when-can-we-expect-the-newly-unlocked-usd-1-2-bn-from-the-imf-to-land-in-state-coffers","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/12\/26\/when-can-we-expect-the-newly-unlocked-usd-1-2-bn-from-the-imf-to-land-in-state-coffers\/","title":{"rendered":"When can we expect the newly unlocked USD 1.2 bn from the IMF to land in state coffers?"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, eve<\/strong><strong>ryone.<\/strong> After a busy Wednesday, we have a brisk issue for you this morning as we slide into the last weekend of the year. <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt4\"><\/a> <strong>#1- When can we expect the newly unlocked USD 1.2 bn from the IMF to land in <\/strong><strong>state coffers? <\/strong>The IMF executive board is yet to put Egypt on its public <a target=\"_blank\" href=\"https:\/\/www.imf.org\/en\/About\/executive-board\/EBC-Scheduled\" style=\"\" rel=\"noopener\">calendar<\/a> \u2014 the calendar appears to be cleared for the holidays. If the board doesn\u2019t add Egypt to its calendar by Friday, then its discussion and vote on the country\u2019s latest tranche will likely be pushed till after the new year celebrations, a government source told EnterpriseAM. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>The International Monetary Fund <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/6ee2d6d5-0a27-42b9-80f5-e48682e6103d\/imf-reaches-staff-level-agreement-with-egypt-on-fourth-loan-review\" style=\"\" rel=\"noopener\">reached a staff level agreement<\/a> with the Egyptian authorities on the fourth review of its USD 8 bn loan program yesterday. The agreement grants Egypt access to USD 1.2 bn \u2014 the biggest tranche of the program so far \u2014 after the executive board gives its stamp of approval.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>After the green light from the board<\/strong>, the USD 1.2 bn will be transferred to the central bank, which will then transfer its EGP equivalent to the Finance Ministry, our source added.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- In line with commitment to protect vulnerable groups:<\/strong> Next fiscal year\u2019s budget \u2014 which goes to the House at the end of March \u2014 will include a new social program that focuses on increased spending to protect vulnerable groups amid soaring inflation. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Real <\/strong><strong>estate interest rates to stay at 15% until mid-2026: <\/strong>The Housing Ministry will extend its 15% cap on the interest rate on installments for real estate developers until 15 May 2026, <a target=\"_blank\" href=\"https:\/\/www.mubasher.info\/news\/4384903\/%D8%A7%D9%84%D8%A5%D8%B3%D9%83%D8%A7%D9%86-%D8%A7%D9%84%D9%85%D8%B5%D8%B1%D9%8A%D8%A9-%D8%AA%D9%82%D8%B1%D8%B1-%D8%AA%D8%AB%D8%A8%D9%8A%D8%AA-%D8%A7%D9%84%D9%81%D8%A7%D8%A6%D8%AF%D8%A9-%D8%B9%D9%84%D9%89-%D8%A3%D9%82%D8%B3%D8%A7%D8%B7-%D8%A3%D8%B1%D8%A7%D8%B6%D9%8A-%D8%A7%D9%84%D9%85%D8%B7%D9%88%D8%B1%D9%8A%D9%86-%D8%AD%D8%AA%D9%89-%D9%85%D8%A7%D9%8A%D9%88-2026\/\" style=\"\" rel=\"noopener\">Mubasher<\/a> reports. The cap was introduced <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/40dfd8b4-f39c-4a66-af63-5f16fea8f980\/what-is-the-gov%e2%80%99t-doing-to-revive-and-enhance-the-building-and-property-sector-in-the-country?\" style=\"\" rel=\"noopener\">back in August<\/a> to reduce financial burdens on developers and allow for faster project completion.<\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>#1- To cut, or not to cut?<\/strong> The Central Bank of Egypt\u2019s Monetary Policy Committee will meet later today to review interest rates. The committee has left rates unchanged for five consecutive meetings this year, since the committee delivered a 600 bps rate hike following a surprise monetary policy meeting in March in conjunction with the float of the EGP and a larger loan package from the IMF being approved soon after.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The MPC is expected to leave interest rates unchanged<\/strong> amid ongoing price volatility, mixed signals in inflationary trends, and the depreciation of the EGP against the greenback, according to our <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/03e20b44-7814-47d5-81e8-99f88688b664\/cbe-to-keep-rates-unchanged-on-thursday,-analysts-say\" style=\"\" rel=\"noopener\">poll of ten analysts and economists<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>One vote for a cut: <\/strong>The National Bank of Kuwait sees \u201can early window for the central bank to embark on interest rate cuts from its final meeting of the year on December 26, potentially with a heavily front-loaded cut of 2-3%,\u201d it said in a note seen by EnterpriseAM. The lender explained that while keeping rates unchanged would be a \u201cmore measured approach,\u201d it would result in a \u201cmore compressed timeline for cuts in 2025.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The outlook for 2025: <\/strong>The lender sees inflation averaging 13% in 2025, giving the central bank the chance to \u201cbring policy rates down by a minimum of 8-10% in 2025 and further in 2026.\u201d <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\">\n<hr style=\"height:2px;border-width:0;color:gray;background-color:gray\">\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>#2- CBE to hold EGP t-bill auction: <\/strong>The Central Bank of Egypt will auction off EGP 60 bn worth of one-year and six-month EGP-denominated treasury bills with the submission deadline penciled in for 11am today, according to <a target=\"_blank\" href=\"https:\/\/www.cbe.org.eg\/en\/auctions\/egp-t-bills\" style=\"\" rel=\"noopener\">data<\/a> on the central bank\u2019s website. The central bank will auction off EGP 35 bn worth of six-month bills and EGP 25 bn worth of one-year bills. <\/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\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/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 target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"tag-border-left\">DATA POINT- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt1\"><\/a> <strong>Egypt repaid<\/strong><strong> USD 38.7 bn in outstanding debt this year<\/strong>, Prime Minister Moustafa Madbouly <a target=\"_blank\" href=\"https:\/\/www.facebook.com\/EgyptianCabinet\/posts\/pfbid02JxoQEgQZwGwuTT63AC3oLkpQvdpkngvtRYRzrLX4GoALtrjtSZcNubDgSiebdy46l\" style=\"\" rel=\"noopener\">told the cabinet<\/a> yesterday. Some USD 7 bn were repaid during November and December. <\/p>\n<p class=\"tag-border-left\">PSA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- <\/strong>It\u2019s another cold day in Cairo, with a high of 18\u00b0C and a low of 10\u00b0C, according to our favorite weather app.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019ll be partly cloudy but much the same temperature in Alexandria<\/strong>, with a high of 18\u00b0C and a low of 10\u00b0C.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>And over the weekend, <\/strong>expect to see a high of 18\u00b0C and a low of 10\u00b0C in the capital.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** DID YOU KNOW that we now cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong> and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">UAE<\/a><\/strong><strong>?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Were you forwarded this email?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Two stories are dominating the front pages this morning: <\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#1- An Azerbaijani passenger jet crashed in Kazakhstan yesterday<\/strong>, killing 38 people and injuring 29 others. The flight was en route from Baku to Grozny in southern Russia when it flew miles off course, then eventually crashed on shore. While it remains unclear why the flight diverted course, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/passenger-plane-crashes-kazakhstan-emergencies-ministry-says-2024-12-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> explains that the flight diverted \u201cfrom an area of Russia that Moscow has recently defended against Ukrainian drone attacks.\u201d Initial investigations by Russian authorities suggest that the accident was the result of the plane colliding with birds. (<a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/asia-pacific\/passenger-plane-crashes-kazakhstan-emergencies-ministry-says-2024-12-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/2024\/dec\/25\/kazakhstan-plane-crash-aktau-azerbaijan-airlines-baku-grozny-fog-chechnya\" style=\"\" rel=\"noopener\">The Guardian<\/a> | <a target=\"_blank\" href=\"https:\/\/apnews.com\/article\/azerbaijan-airliner-crash-kazakhstan-aktau-a655474030a347a5a7ddda3a77bbeddc\" style=\"\" rel=\"noopener\">AP<\/a> | <a target=\"_blank\" href=\"https:\/\/www.bbc.com\/news\/articles\/cjwl1e6895qo\" style=\"\" rel=\"noopener\">BBC<\/a> | <a target=\"_blank\" href=\"https:\/\/edition.cnn.com\/2024\/12\/25\/asia\/passenger-plane-crashes-kazakhstan-intl-hnk\/index.html\" style=\"\" rel=\"noopener\">CNN<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/12\/25\/world\/europe\/kazakhstan-plane-crash.html\" style=\"\" rel=\"noopener\">New York Times<\/a>) <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>#2- <\/strong><strong>Russia launched a missile attack targeting Ukraine\u2019s energy infrastructure<\/strong> yesterday, which caused Ukrainian state-owned electricity transmission company to restrict electricity in efforts to minimize damage to the country\u2019s energy system. (<a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-12-25\/ukraine-limits-power-supplies-amid-russian-attack-at-christmas?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">Bloomberg<\/a> | <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/b7b2c8d9-8eed-4620-adfe-a99e696a1dd4\" style=\"\" rel=\"noopener\">Financial Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/europe\/least-3-people-injured-russian-missile-attack-ukraines-kharkiv-mayor-says-2024-12-25\/\" style=\"\" rel=\"noopener\">Reuters<\/a> | <a target=\"_blank\" href=\"https:\/\/www.nytimes.com\/2024\/12\/25\/world\/europe\/russia-ukraine-strikes-energy-system.html\" style=\"\" rel=\"noopener\">New York Times<\/a> | <a target=\"_blank\" href=\"https:\/\/www.france24.com\/en\/europe\/20241225-russia-targets-ukraine-s-energy-infrastructure-in-massive-christmas-day-attack\" style=\"\" rel=\"noopener\">France 24<\/a>) <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, everyone. After a busy Wednesday, we have a brisk issue for you this morning as we slide into the last weekend of the year. WATCH THIS SPACE- #1- When can we expect the newly unlocked USD 1.2 bn from the IMF to land in state coffers? The IMF executive board is yet to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":657788,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","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":[72,272,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-657787","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-imf","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"f548e7cf-5917-4a57-94e3-a1a375d43f14","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/12\/445.jpg","photo_position":"above","homepage_title":"","full_issue_title":"When can we expect the newly unlocked USD 1.2 bn from the IMF to land in state coffers?","related_issue":[657785],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/12\/.5a544bf0-9539-48cc-bb19-1ac820a7f2ce.mp3"},"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>When can we expect the newly unlocked USD 1.2 bn from the IMF to land in state coffers? - 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\/2024\/12\/26\/when-can-we-expect-the-newly-unlocked-usd-1-2-bn-from-the-imf-to-land-in-state-coffers\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"When can we expect the newly unlocked USD 1.2 bn from the IMF to land in state coffers?\" \/>\n<meta property=\"og:description\" content=\"Good morning, everyone. After a busy Wednesday, we have a brisk issue for you this morning as we slide into the last weekend of the year. WATCH THIS SPACE- #1- When can we expect the newly unlocked USD 1.2 bn from the IMF to land in state coffers? The IMF executive board is yet to [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/26\/when-can-we-expect-the-newly-unlocked-usd-1-2-bn-from-the-imf-to-land-in-state-coffers\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-26T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/445.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=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/26\/when-can-we-expect-the-newly-unlocked-usd-1-2-bn-from-the-imf-to-land-in-state-coffers\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/26\/when-can-we-expect-the-newly-unlocked-usd-1-2-bn-from-the-imf-to-land-in-state-coffers\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"When can we expect the newly unlocked USD 1.2 bn from the IMF to land in state coffers?\",\"datePublished\":\"2024-12-26T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/26\/when-can-we-expect-the-newly-unlocked-usd-1-2-bn-from-the-imf-to-land-in-state-coffers\/\"},\"wordCount\":873,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/26\/when-can-we-expect-the-newly-unlocked-usd-1-2-bn-from-the-imf-to-land-in-state-coffers\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/12\/445.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"IMF\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/26\/when-can-we-expect-the-newly-unlocked-usd-1-2-bn-from-the-imf-to-land-in-state-coffers\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/12\/26\/when-can-we-expect-the-newly-unlocked-usd-1-2-bn-from-the-imf-to-land-in-state-coffers\/\",\"name\":\"When can we expect the newly unlocked USD 1.2 bn from the IMF to land in state coffers? 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Egypt is reportedly seeking north of USD 7 bn from the IMF under the one-year rapid financing instrument and stand-by arrangement the government has requested, \u2018Ala Mas\u2019ouleety host Ahmed Moussa claimed. Moussa also\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":636293,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/29\/imf-meets-to-discuss-greenlighting-third-review-of-our-usd-8-bn-loan-program\/","url_meta":{"origin":657787,"position":2},"title":"IMF meets to discuss greenlighting third review of our USD 8 bn loan program","author":"enterpriseam admin","date":"29 July 2024","format":false,"excerpt":"Good afternoon, folks. As we settle into the workweek, the local business and economic news cycle shows few signs of slowing down.THE BIG STORY TODAY The Fund is expected to hopefully greenlight another USD 820 mn tranche later today: We\u2019re waiting on updates this afternoon on the IMF Executive Board\u2019s\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\/2024\/2\/94.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":631952,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/08\/foreign-reserves-hit-a-fresh-high-in-june\/","url_meta":{"origin":657787,"position":3},"title":"Foreign reserves hit a fresh high in June","author":"enterpriseam admin","date":"8 July 2024","format":false,"excerpt":"Fitch Ratings expects Egypt\u2019s foreign currency reserves to reach USD 49.7 bn in the current fiscal year","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\/2024\/7\/539.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":676484,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/12\/01\/imf-mission-lands-today-heres-whats-on-its-agenda\/","url_meta":{"origin":657787,"position":4},"title":"IMF mission lands today \u2014 here\u2019s what's on its agenda","author":"enterpriseam admin","date":"1 December 2025","format":false,"excerpt":"The reviews are expected to see USD 2.7 bn channeled into state coffers","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\/2025\/5\/1247.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":616733,"url":"https:\/\/enterpriseam.com\/egypt\/2024\/03\/10\/this-evening-are-we-getting-c-usd-3-bn-from-the-world-bank\/","url_meta":{"origin":657787,"position":5},"title":"THIS EVENING: Are we getting c. USD 3 bn from the World Bank?","author":"enterpriseam admin","date":"10 March 2024","format":false,"excerpt":"Good afternoon, ladies and gentlemen. We\u2019re guzzling coffee while we still can during daylight hours as we gear up for the start of Ramadan this evening or tomorrow evening. THE BIG STORY TODAY- World Bank to funnel c. USD 3 bn into the state\u2019s coffers: The World Bank is expected\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\/2022\/6\/217.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\/657787","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=657787"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/657787\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/657785"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/657788"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=657787"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=657787"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=657787"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=657787"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=657787"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}