Egypt, IMF and Sisi
President Sisi warns regional troubles may force Egypt to re-evaluate IMF accord
President Abdel Fattah al-Sisi warned on Sunday Egypt may be forced to re-evaluate its $8 billion programme with the IMF if international institutions do not take into account the extraordinary regional challenges the country is facing.
President El-Sisi says Egypt to review situation with IMF if escalating burdens persist on people
President Abdel Fattah El-Sisi highlighted on Sunday 20/10/2024 Egypt’s program with the International Monetary Fund (IMF), noting that the country may “review the situation” with global lender if the ongoing challenges pose unbearable burden on the public.
Sisi Says 'Pressure' On Egyptians Could Call For IMF Deal Review
Egypt's President Abdel Fattah al-Sisi warned on Sunday that regional challenges could lead to "unbearable" economic pressure on the population and a review of internationally-demanded economic reforms.
Al-Sisi Orders Review Of Egypt's IMF Programme
Abdel Ghaffar noted that 14 health initiatives have benefited 94 million citizens. For the first time, Egypt's birth rate has dropped to 2.5 children per woman, with expectations to reach 2.1 by 2030. He reported a decline of 149,000 births in 2023 compared to 2022.
Egypt’s IMF Deal May be Reviewed Due to Economic Pressure, Sisi Says
Egypt’s president suggested its International Monetary Fund program might need to be reviewed if economic pressures place an intolerable burden on the country’s more than 106 million people.
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Egypt to allocate exceptional allowance for pensions and salaries: MP Elfiky
Fakhry Elfiky, head of the Planning and Budget Committee in the House of Representatives, projected an exceptional allowance ...
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Will Egypt benefit from the IMF decision to reduce lending fees?
The IMF’s Board of Directors decided to reduce the value of these additional fees by 36%, nearly $1.2bn annually, starting ...
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The Global South’s Poor Should Not Be Subsidising the IMF
Today, the world is confronting a “polycrisis” – many dire crises occurring simultaneously, reinforcing and feeding into each ...
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Egypt's Fuel Price Hike: A New Economic Challenge
Egypt has raised fuel prices by 10 to 17 percent, citing the need to close the gap between selling and production costs. This ...
IMF cuts penalty surcharges for world’s most indebted nations like Argentina, Egypt, Ukraine, Ecuador
IMF's Managing Director Kristalina Georgieva said the move will lower IMF borrowing costs for members by 36%, or $1.2 billion ...
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IMF, World Bank meetings clouded by wars, slow economic growth, US election
Global finance chiefs will gather in Washington this week amid intense uncertainty over wars in the Middle East and Europe, a ...