Egypt, grappling with high inflation and shortages of foreign currency, agreed to the $8bn, 46-month facility in March.

The agreement includes recalibrating Egypt's fiscal commitments to create space for critical social programmes benefiting ...

Egypt and the International Monetary Fund (IMF) have reached a preliminary deal that would likely unlock a further tranche of ...

The International Monetary Fund said Tuesday that it has reached a deal with Egyptian authorities allowing the country access to about $1.2 billion.The funding access is subject to executive board ...

During the bell-ringing ceremony, Central Bank of Egypt (CBE) Governor Hassan Abdalla emphasized the significance of the ...

When African nations accumulate significant debt with the IMF, they are frequently forced to enact strict economic reforms ...

Earlier in March, Egypt had reached an agreement for a USD 8 billion loan from the IMF, contingent upon implementing further economic reforms. This deal builds upon a USD 3 billion loan agreement ...

Egypt's Prime Minister Mostafa Madbouly confirmed that the amount of debt due in the coming year will be less than what was ...

As several African nations continue to grapple with economic instability, many have turned to the International Monetary Fund ...

Egypt lost roughly $7 billion in revenues from the Suez Canal, down about 60 per cent annually, mainly as a result of attacks ...

Egypt’s held its benchmark interest rate steady on Thursday, opting to keep it at a record high even as double-digit ...

Under the fourth review of the IMF's $8 billion loan programme for Egypt, the CBE reiterated its commitment to maintaining a ...