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What you need to know about the new IMF-backed economic reform programme for Egypt

IMF loan to stabilise Egypt’s economic situation: Fitch Solutions

Egypt, IMF reaches agreement on component of new reform programme

Fitch Solutions increases expectations for Egypt’s GDP growth to 6.59% in 2022

IMF, Egypt to reach Staff Level Agreement very soon

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Egypt, Tunisia to boost mutual regional, economic, technical development at 17th Joint Higher Committee

Preparations have been underway in Tunisia to hold the 17th session of the Egyptian-Tunisian Joint Higher Committee in line with Egypt’s vision to strengthen regional, economic, and technical…
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EBRD sees Egypt’s GDP growth forecast at 5.7% in FY2021-22

The European Bank for Reconstruction and Development (EBRD) raised its forecast for Egypt’s GDP growth during the current financial year 2021/2022, ending in June – to 5.7 percent from the 4.9 percent…
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Egypt, EU sign development financing agreements worth €138m

The Ministry of International Cooperation and the European Union (EU) signed on a number of development financing agreements worth €138m.
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BNP Paribas expects Egypt to raise interest rates by 200 bps

Analysts at BNP Paribas expect the Central Bank of Egypt (CBE) to increase interest rates by 200 basis points (bps) in an emergency meeting this week ahead of the scheduled meeting on 19 May,…
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Egypt, Germany ink €26 mln finance deal to rehabilitate Aswan power plants

Egypt’s Minister of International Cooperation Rania Al-Mashat and director of the German KfW Development Bank in Egypt Bernd Siegfried signed a financing agreement worth €26 million for phase 2 of a…
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Egypt, EIB discuss cooperation within framework of COP 27

European Investment Bank (EIBt) met to discuss bilateral cooperation and ongoing projects within the framework of Egypt’s presidency of the UN Conference of Parties on Climate Change (COP 27), which…
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IMF increases expectations for Egypt’s real GDP growth by 0.3 % in 2022

The International Monetary Fund (IMF) has revised its projections for Egypt's real GDP growth in 2022 by 0.3 percent to reach 5.9 percent, up from 5.6 percent expected in January, before slowing down…
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Egypt, Qatar discuss ways to enhance cooperation in transport

Minister of Transportation Kamel Al-Wazir met with his Qatari counterpart Jassim bin Saif Al-Sulaiti in Doha to discuss ways of enhancing cooperation between the two countries in various areas of…
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World Bank aims at increasing partnership with Egypt in electricity, renewable energy

Minister of Electricity and Renewable Energy Mohamed Shaker met with officials of a World Bank (WB) delegation to start a new phase of cooperation and strengthen partnership in projects implemented by…
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World Bank keeps Egypt’s real GDP growth at 5.5% in 2021/2022

The World Bank (WB) decided to maintain Egypt’s real GDP growth at 5.5 percent for the financial year 2021/2022, according to its chief economist Roberta Gatti on Thursday.
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