The IMF lends Egypt $3 billion and announces its welcome to the Central Bank’s decisions

Washington- Eco - Fady Labib :  International Monetary Fund (IMF) staff and the Egyptian authorities have reached a staff-level agreement on comprehensive economic policies and reforms to be supported by a 46-month Extended Fund Facility (EFF) Arrangement of US$3 billion ...

kristalina: We support the Egyptian government in protecting the great gains that have been made

 Kristalina Georgieva

IMF - Washington –  ECO – Fady Labib : Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF) , said : “Like many countries around the world, EGYPT’s economy has been impacted by the COVID-19 outbreak, the related global recession, and financial markets turmoil ...

Reports .. and a look at the economy of Sudan today

Cairo – Eco – Fady Labib : According to press reports, foreign currency trading in Sudan - after the statement by the Sudanese Minister of Defense to uproot the regime of Omar al-Bashir and his reservation after his arrest in a safe place - stopped the currency market completely in Sudan, and confirmed workers in currency offices "exchange", stopped the movement of sale and purchase of foreign currencies ...

President El Sisi met with Christine Lagarde In Washington

Washington  - Eco - Fady Labib : In Washington D.C, President Abdel Fattah El Sisi met on Tuesday with the Managing Director of the International Monetary Fund, Ms. Christine Lagarde ...

A report by (IMF): the Egyptian Central Bank is leading the process of transforming a major economy in Egypt

Jihad Azour

Cairo - Eco - Fady Labib : A report by the International Monetary Fund (IMF) confirmed that the Egyptian Central Bank is leading the process of transforming a major economy in Egypt and taking measures that were courageous and led to putting the Egyptian economy on the right track ...