Egypt's cabinet approved a 4.6 trillion Egyptian pound ($91 billion) draft state budget for the financial year that will ...

Financial reforms under an $8 billion financial reform programme signed in March 2024 with the International Monetary Fund ...

Egypt’s inflation rate is projected to stabilize at approximately 16.6 percent by the end of June 2025, International ...

Egypt eyes revenues amount to EGP 3.1 trillion, reflecting an annual growth rate of 19 percent, while expenditures are ...

Significant debt loads to the International Monetary Fund (IMF) have characterized the financial reality of several African ...

Mostafa Madbouly, Prime Minister, confirmed that the final draft of the Export Subsidy Program has been completed and is set ...

Egypt's budget deficit is 14 percent of gross domestic product (GDP) and its overall debt, which is the result of accumulated deficits, is more than the country's economic output. In this ...

This achievement reflects strong financial performance, bolstered by a 38.4% year-on-year increase in tax revenues, the ...

The Egyptian cabinet, led by Prime Minister Mostafa Madbouly, has approved the draft budget for the 2025/2026 fiscal year and ...

Good afternoon to those of you joining us from Egypt and the region and Ramadan Kareem. Thank you for joining today's press briefing. My name is Angham Al Shami from the IMF Communications Department.