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

The IMF said Egypt's government had agreed to increase its tax-to-revenue ratio by 2% of gross domestic product over the next ...

Madbouly noted that Ivanna Vladkova Hollar, head of the IMF mission to Egypt, confirmed an agreement at the expert level ...

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

The International Monetary Fund said on Wednesday it reached a staff-level agreement with Egypt on the fourth review under ...

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

WASHINGTON: The International Monetary Fund said on 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 ...

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