IMF: Egypt on Positive Trajectory but Inflation Threatens Stability
Egypt has made a “strong start” on its reform program, but high inflation threatens macroeconomic stability.
IMF | Egypt Oil & Gas - Part 5
IMF Supports Egyptian Reforms, Approves New Tranche
The International Monetary Fund (IMF) supports the economic reform program adopted by Egypt, IMF's Chief for Egypt, Chris Jarvis, stated.
El Molla: Fuel Subsidies Cut is a Must
Tarek El Molla stated that there is no alternative to increasing fuel prices.
Egypt Pays $750m to IOCs
Egypt paid total $1.5b in arrears to international oil companies (IOCs) in May and June.
El Sisi Meets with IMF’s Chief
The Egyptian President, Abd El Fattah El Sisi, discussed the International Monetary Fund's (IMF) loan program for Cairo with the IMF's Managing Director, Christine Lagarde.
IMF Supports Mozambique’s Fuel Price Increase
The International Monetary Fund (IMF) supports the Mozambican government decision to increase fuel prices as the IMF believes the step will help the African country in facing its struggles with foreign debt.
Egypt to Reprice Electricity Following Increased Fuel Quota
The Electricity Ministry is repricing electricity following the increase in fuel prices as a result of the EGP flotation.
Egypt Spent EGP 14b in Fuel Subsidies
Egypt's petroleum subsidies reached EGP 14b in the first quarter of currently fiscal year 2016/2017, which started in July. This came as a result that Brent is trading at a higher price than the $40/b used in state b ...
Zambia Increased Pump Prices
The retail price of petrol in Zambia would rise by nearly 39%, while the price of diesel would go up by 33% 
