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

Egypt reached a deal with the IMF last spring to more than double the size of its bailout to $8 billion. The price hikes have been deemed necessary to meet conditions set by the IMF for further ...

Egypt expects combined IMF review to be done by October Finance minister says there is progress with privatisations More major foreign investment plans in the works ...

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.

Egypt recorded its highest-ever primary budget surplus in the 2024/25 fiscal year, equivalent to 3.6 percent of GDP, finance minister Ahmed Kouchouk said on Monday, as the economy grew 4.7 percent in ...

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.

Egypt has taken on back-to-back financing facilities with the IMF since 2016, when it agreed a $12 billion loan programme to resuscitate its economy after years of political turmoil since the Arab ...

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.

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 ...

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.

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.