By Patrick Werr CAIRO (Reuters) - Egypt's economy will grow slower than previously expected this year after it signed an $8 billion financial support package with the IMF that came with conditions, but growth will accelerate next year, a Reuters po.
By Patrick Werr CAIRO (Reuters) - Egypt's economy will grow slower than previously expected this year after it signed an $8 billion financial support package with the IMF that came with conditions, but growth will accelerate next year, a Reuters po.
Egypt is committed to
sustaining a flexible exchange rate to ensure the availability
of foreign currency, the central bank s deputy governor said on
Thursday, a key condition under a $8 billion loan. -April 18, 2024 at 06:22 pm EDT
- MarketScreener
Egyptian inflation is forecast to have ticked up in March as prices adjust to a currency devaluation and an interest rate hike early in the month, followed by an increase in fuel prices two weeks. -April 06, 2024 at 05:54 am EDT
- MarketScreener
An expanded IMF agreement and major investment by the UAE provided little relief to Egypt s non-oil private sector in March, a survey showed on Wednesday..