WebApr 10, 2024 · President Abdel Fatah El-Sisi of Egypt, one of America’s closest allies in the Middle East and a major recipient of U.S. aid, recently ordered subordinates to produce up to 40,000 rockets to be ... WebMar 4, 2024 · CAIRO – 4 March 2024: Egypt will allocate roughly LE 150 billion per year in order to raise the state employees’ minimum wages and pensions in implementation of …
Egypt vows to cut military’s outsized role in economy under IMF …
WebOct 27, 2024 · October 27, 2024. 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. The new EFF aims to safeguard macroeconomic stability and debt sustainability, … WebMar 22, 2024 · The Egyptian pound slipped to 18.45 to the dollar on Tuesday from 18.27 in the morning, Refinitiv data showed. Until Monday it had remained mostly steady at 15.70 pounds to the dollar since ... black boy wivenhoe
Arab Finance - News - Egypt Economy
Web16 hours ago · According to the IMF’s Global Policy Agenda 2024 report, 21 countries received a total of $35.9 billion in financial assistance since 1 October 2024, including … WebDec 16, 2024 · Egypt has been on the path to debt-addiction for several years. In 2016, President Abdel Fattah al-Sisi sealed a deal with the IMF granting a $12 billion loan. The … WebMar 28, 2024 · Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every … black boy wood bricket wood