Witryna10 kwi 2024 · According to analysts' median estimates, core inflation in Egypt is expected to hit a new record high of 42.25% in March from 40.26% in February, the highest recorded so far. Cairo, which reached an agreement on a $3 billion IMF financial support package, has halved the value of its currency against the dollar since March … Witryna27 paź 2024 · October 27, 2024. International Monetary Fund (IMF) staff and the Egyptian authorities have reached a staff-level agreement on comprehensive …
Arab Republic of Egypt and the IMF
Witryna10 sty 2024 · The IMF sees inflation cooling off due to Egyptian authorities’ actions and reforms. “Let me note that inflation has been a global challenge this year and Egypt … Witryna27 paź 2024 · Image Credit: Egypt Independent. As of 27 October 2024, the International Monetary Fund (IMF) and Egypt have reached an agreement for EGP 68 billion (USD … how big are bearded dragons
IMF urges tighter fiscal policy to help tame inflation
Witryna16 gru 2024 · December 16, 2024. The IMF Executive Board approved a 46-month arrangement under the Extended Fund Facility (EFF) for Egypt in an amount of about … Witryna2 dni temu · Since the war in Ukraine began in February 2024, sending up food and fuel prices, the Egyptian pound has lost over 50% of its value against the dollar and inflation has exceeded 30%, pushing more ... WitrynaEgypt's highest inflation rate ever was 32.952%, reached in July 2024, eight months after Egypt devalued its currency by half as part of a previous $12 billion IMF support package. The core ... how many more days until ramadan ends