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Tag Archives: International Monetary Fund

Trump roils markets with comments on China trade, Huawei

10 August 2019, 6:38 AM

Ties between the world’s two largest economies have deteriorated dramatically since Trump announced on August 1, 2019 that he would impose a 10% tariff on a final $300 billion worth of Chinese imports on September 1, 2019 prompting China to halt purchases of US agricultural products.

Egypt’s headline inflation slows to four-year low of 8.7% in July

8 August 2019, 3:21 PM

Egypt’s headline inflation rate fell to its lowest in nearly four years, dropping to 8.7% in July from 9.4% in June; official figures from the CAPMAS statistics agency showed on Thursday.

Central Bank of Egypt's headquarter is seen in downtown Cairo, Egypt.

Nearly 1 in 3 Egyptians live below poverty line

30 July 2019, 12:56 PM

The latest poverty figures come as Egypt prepares to receive the final $2 billion tranche of a $12 billion loan package negotiated with the IMF in 2016 in return for a strict austerity programme.

The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington.

IMF approves DRC bailout after China debt deal

12 July 2019, 5:36 AM

IMF demanded that Congo ensure the long-term sustainability of its debt as a precondition for a three-year extended credit facility programs.

Egypt’s annual urban consumer price inflation decreases

10 July 2019, 9:50 AM

Egypt’s annual urban consumer price inflation eased to 9.4% in June from 14.1% in May, official statistics agency CAPMAS said on Wednesday, a sharper decline than many analysts had expected after last week’s fuel price hikes.



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