Egypt and the International Monetary Fund reached a preliminary deal that would likely unlock a further tranche of the North African nation’s $8 billion loan. Skip to content.

The International Monetary Fund has approved a deal that will provide a $3 billion support package to cash-strapped Egypt over a period of almost four years, with the agreement expected to draw in ...

Egypt’s current account deficit narrowed by 22.6 percent year-on-year during the first nine months (July 2024–March 2025 ) of ...

Egypt amended value-added taxes on cigarettes and alcoholic drinks while introducing a levy on crude oil, the latest bid to ...

The Egyptian government continues to reassure stakeholders of its commitment to economic reform.

Egypt's Finance Minister Ahmed Kouchouk said on Wednesday he was confident the country would hit its key economic reform ...

Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the ...

Minister of Finance Ahmed Kouchouk expressed strong confidence that Egypt will meet its key objectives under the country's ...

Egypt's Finance Minister Ahmed Kouchouk said on Wednesday he is confident Egypt is hitting targets set by the International ...

Just in July alone, the International Monetary Fund (IMF) is reported to be looking into the disbursements of loans to Egypt and Ethiopia, raising new worries about Africa's growing reliance on IMF ...

The IMF has created an Extended Fund Facility Arrangement of $3 billion (based on U.S. dollars) in exchange for Egypt engaging in actions that help the country resist external shocks, improve its ...