Fund releases $1.2bn planned financing tranche alongside $1.3bn in economic resilience funding ...

Prime Minister Mostafa Madbouly said health and education allocations in the new budget have significantly increased compared ...

Prime Minister Mostafa Madbouly said health and education allocations in the new budget have significantly increased compared to other sectors.

The board also approved Egypt’s request for an arrangement under the Resilience and Sustainability Facility (RSF) with access ...

The International Monetary Fund (IMF) recently commended Egypt's efforts to rebuild market confidence and stabilize the economy, citing a recovery in economic activity and progress in restoring ...

The International Monetary Fund (IMF) has approved a $1.2 billion disbursement to Egypt, part of an $8 billion bailout aimed ...

CAIRO - Egypt remains committed to lowering its energy subsidies to reach cost recovery by December as it works to reduce a wide current account deficit, the International Monetary Fund said on ...

Egypt aims to eliminate energy subsidies and achieve cost recovery by December 2025, according to the IMF. This unwavering ...

(Reuters) - Stock markets in the Gulf ended mixed on Wednesday, buoyed by Ukraine's readiness to support a proposal for a ...

The funds are a fraction of the $8 billion bailout package agreed last Apiril ...

The International Monetary Fund says it has completed its fourth review of Egypt’s economic reform program, approving a $1.2 billion disbursement for the North African country.