Latest in Tag: The International Monetary Fund Highlight

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Latest in Tag: The International Monetary Fund


International Monetary Fund IMF

IMF’s largest SDR allocation in history takes effect

The International Monetary Fund (IMF) announced on Monday that its new allocation of Special Drawing Rights (SDRs) equivalent to $650bn, the largest in the IMF’s history, comes into effect, in an effort to help countries recover from the COVID-19 pandemic.    “The allocation is a significant shot in the arm for the world and, if …

Daily News Egypt

IMF’s mission to conclude by new subsidy cut, no taxes, job creation

The International Monetary Fund’s (IMF) delegation has arrived in Cairo on Monday to conduct the sixth and final review before disbursing the last $2bn tranche of a $12bn extended fund facility. The visit lasts for 10 days, in which the IMF’s delegation will hold meetings with the leaders of the ministry of finance to discuss …

Shaimaa Al-Aees

IMF staff finalises details required to approve next $2bn for Egypt

The International Monetary Fund’s (IMF) staff team has finalised the details required to present the fourth review for Egypt’s Extended Fund Facility arrangement to the IMF’s Executive Board, the Managing Director of the IMF, Christine Lagarde, said on Friday. “The Board will meet in the coming weeks to discuss the review and I will recommend …

Hagar Omran

IMF launches Opportunity for All in Morocco 

Marrakesh – The International Monetary Fund (IMF) launched on Monday the Opportunity for All in Marrakesh, Morocco to create jobs, promote comprehensive growth in the Arab World, and turn the debate over Arab sustainable growth from recognition into implementation. Egypt participated in the two-day conference on 29 and 30 January, represented by a delegation consisting of …

Nevine Kamel