International Monetary Fund

Egypt received approval on Friday from the International Monetary Fund’s executive board for an expanded, $8 billion financial support program that enables the immediate release of $820 million, the IMF said in a statement. The IMF…
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Egypt is set to receive €7.4 billion ($8 billion) in aid from the EU to support its economy until 2027 amidst conflicts in Gaza and Sudan, according to reports. London-based newspaper the Financial Times claims the aid comes amid…
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Egypt’s currency was stable at around 49.5 pounds to the dollar as the market opened on Thursday, a day after the central bank let the currency plunge and pledged to shift to a more flexible exchange rate system as the country secured an…
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Egypt secured an additional $5 billion in loans from the International Monetary Fund on Wednesday after the central bank raised interest rates and allowed the pound to plunge in value by nearly 40 percent. The bank said it…
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Thousands protested deteriorating living standards outside the prime minister’s office in Tunis on Saturday following a call from Tunisia’s main trade union confederation. “The economic and social situation continues to worsen,” the…
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Jordan has effectively managed to overcome the economic difficulties stemming from the war in Gaza through several fiscal measures, according to the Washington-based lender IMF. Jihad Azour, the director of the Middle East and Central…
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The economic growth of Qatar has normalized after the country’s strong fiscal performance in 2022, driven by the FIFA World Cup, according to the International Monetary Fund. In its consultation report released on Nov. 21, the IMF…
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Jordanian Prime Minister Bisher Khasawneh met on Wednesday with a delegation from the International Monetary Fund in Amman to negotiate the seventh review of the country’s economic reform program, Jordan News Agency reported. According…
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Saudi Arabia has worked with the International Monetary Fund to improve the quality and transparency of its foreign direct investment statistics to bring them into line with world’s best practice when they are published this year, the Saudi…
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Lebanon faces one of the world’s worst humanitarian crises, with nearly 4 million people in need of food and other assistance, but less than half getting aid because of a lack of funding, a UN official said Thursday. Imran Riza, the UN…
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