Egyptian gov't takes upon itself to go on with tangible economic reforms: IMF
- 21 April 2022 / News / 109 / Fares RAHAHLIA
CAIRO – 20 April 2022: Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said the Egyptian government had made remarkable progress in implementing its economic reforms program.
The Egyptian government takes upon itself to go on with tangible economic reforms, while maintaining financial stability at the national level, Georgieva told reporters during the 2022 Spring Meetings of the IMF on Wednesday, responding to a question about offering Egypt a new IMF loan.
Georgieva noted that the ongoing global challenges related to soaring energy prices and the food crisis triggered by the Russian-Ukrainian conflict had their serious impacts on all global economies, which promoted the Egyptian government to depend on its cash reserve to shore up financial stability.
Egypt ranks 4th in value of energy projects across Middle East, North Africa during 2022-2026: APICORP
- 27 July 2022
CAIRO – 26 July 2022: Egypt comes in the fourth lace regarding the value of energy projects across the Middle East and North Africa (MENA) region during 2022-2026, Arab Petroleum Investments Corporati...
Egyptian-Indian trade exchange hit record of $7.26 billion in FY 2021-2022: Amb.
- 27 July 2022
CAIRO – 26 July 2022: Trade exchange between Egypt and India hit a record of $7.26 billion in the fiscal year 2021-2022 up by 75 percent from the previous year, Indian Ambassador to Cairo Ajit Gupte h...