The IMF's executive board also approved Egypt's request for an arrangement under the resilience and sustainability facility with access to about $1.3 billion, the lender said in a statement.

Arab Finance: The International Monetary Fund (IMF) has upgraded its forecasts for Egypt’s real gross domestic product (GDP) growth for the fiscal year (FY) 2024/2025 by 0.2%, expecting it to hit 4%, ...

CAIRO (AP) — The International Monetary Fund said Tuesday it completed its fourth review of Egypt’s economic reform program approving a $1.2 billion disbursement for the North African country.

CAIRO (Reuters) -Egypt's net foreign assets jumped by $4.9 billion in March, central bank data showed, apparently boosted by the approval of the fourth review of the country's IMF programme.

The Egyptian pound (EGP) has regained ground against the US dollar in recent months, supported by rising foreign reserves, ...

Egypt amended value-added taxes on cigarettes and alcoholic drinks and introduced a levy on crude oil to boost revenue as part of International Monetary Fund-backed reforms. The revisions include ...

Egypt, IMF resume talks over $4.8b loanPresidential spokesman Yasser Ali said Egypt had presented its program of economic reforms to the IMF, also giving no details. His comments were carried on a ...

That bought the Morsi government time to delay implementing the politically-sensitive measures the IMF has sought as a precondition before it gives Cairo a $4.8 billion credit line.

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.