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Egypt, IMF Reach Initial Deal for $1.2 Billion Loan Tranche
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.
IMF, Egypt Reach Deal Unlocking $1.2 Bn
The International Monetary Fund said Tuesday that it has reached a deal with Egyptian authorities allowing the country access to about $1.2 billion.
Egypt reaches staff level agreement with IMF for $1.2bn funding
The International Monetary Fund on Tuesday reached an agreement with Egypt, allowing the country to access about $1.2 billion, subject to approval by the executive board. This follows the IMF staff-level agreement on the fourth review under the Extended Fund Facility (EFF) arrangement.
7h
Javier Milei Insults His Reforms With His IMF Funding Appeal
Explained more clearly, for Milei to seek IMF financing would be for the libertarian to not just do something very much at ...
1h
on MSN
Argentina Sells Most FX Reserves Since 2019 on Importer Demand
Argentina’s central bank on Thursday sold the most foreign reserves in one day since October 2019 after officials eliminated ...
Global Finance
1h
Egypt Ends Bank IPO Dearth
During the bell-ringing ceremony, Central Bank of Egypt (CBE) Governor Hassan Abdalla emphasized the significance of the ...
3d
Exclusive: World Bank staff question Ethiopia debt assessment reached with IMF, memo shows
Some World Bank staff have criticised an assessment of Ethiopia's finances conducted with the International Monetary Fund, ...
2d
on MSN
International Monetary Fund recommends against easing major Aussie home loan policy
Aussies looking to get into the housing market have been dealt a fresh blow after the International Monetary Fund (IMF) ...
3d
Australia’s Risks Tilt to Downside, IMF Says, Urging Restraint
Australia’s balance of risks is tilted to the downside, including a potential stall in disinflation, the International ...
2d
International Monetary Fund cautions Albanese government higher spending could prevent household rate relief
The International Monetary Fund (IMF) has warned the Albanese government to curb spending amid concerns about sticky ...
Gulf Business
16h
IMF grants Egypt initial approval of $1.2bn on fourth review
Egypt, grappling with high inflation and shortages of foreign currency, agreed to the $8bn, 46-month facility in March.
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