IMF to Visit Egypt for Final Loan Review in May
Lall praised the economic reform measures taken by Egypt that boost the country's investments and enable its private sector to continue growing.
IMF | Egypt Oil & Gas - Part 2
IMF Approves Fifth Loan Tranche to Egypt
The IMF board completed the fourth review of Egypt's economic reform program, allowing the fifth tranche to be disbursed to the North African country.
IMF Executive Board to Discuss Egypt’s Fourth Economic Review
Christine Lagarde, IMF Managing Director, recommends IMF board to approve the fourth review of Egypt's IMF loan facility.
Egypt to Float Benzene Prices in March
Egypt plans to announce its pricing mechanism for 95-octane benzene by the end of December 2018, to start linking the product to international prices in March 2019.
More Fuel Subsidy Cuts Coming in mid-2019: Fitch Solutions
Egypt will make further cuts to fuel and energy subsidies in mid-2019, a Fitch Solutions report predicted.
Tunisia Raises Fuel Prices for Fourth Time in 2018
The Tunisian government has increased fuel prices for the fourth time in 2018, raising them by about 4% as the government attempts to reduce the budget deficit and meet the financial demands stipulated by foreign ...
Egypt’s Budget Deficit Falls to 9.8% in FY 2017/18
The Egyptian budget deficit for fiscal year (FY) 2017/18 was 9.8% of gross domestic product (GDP), a decrease from 10.9% the previous year, achieving a primary fiscal surplus for the first time in 15 years, deputy ...
Egypt to Purchase Insurance Against Oil Price Fluctuations
The Egyptian cabinet has announced that the country will purchase insurance contracts from international financial institutions to hedge against fluctuating global oil prices.
Egyptian Government Increases Gas Prices By Up to 75%
Egypt will raise natural gas prices for households and businesses by up to 75% from the beginning of August.
IMF: Fuel Price Mechanism to Strengthen Egyptian Budget
The International Monetary Fund (IMF) has said that the recently-approved automatic fuel price mechanism will protect Egypt's budget from movements in the global oil markets.
