The fund forecast that Egypt's external debt would rise from $162.7 billion in 2024/25 to $202 billion by 2029/30. Public debt overall "poses a high risk of sovereign stress", it said, urging ...

The Egyptian government continues to reassure stakeholders of its commitment to economic reform.

Egypt’s USD 8 billion (EGP 392.48 billion) loan agreement with the International Monetary Fund (IMF) remains at the center of ...

Egypt has secured $1.8 billion in trade financing from the International Islamic Trade Finance Corporation (ITFC) so far this ...

Minister of Planning, Economic Development and International Cooperation Rania el-Mashat said Egypt welcomes coordination ...

Israel's Leviathan natural gas field has signed the largest export agreement in the country's history, worth up to $35 ...

Egypt has made progress towards macroeconomic stability and has been streamlining tax and customs procedures, but still needs to widen its tax base, the International Monetary Fund said on Tuesday ...

Despite its significant economic recovery, Egypt faces enduring challenges, including high inflation, weak currency and external debt concerns. “Egypt’s economy has moved out of intensive care pretty ...

The Biden administration’s decision to waive all human rights conditions on military assistance to Egypt disregards the country’s long-running human rights crisis and the ongoing repression ...

Egypt's progress on structural reforms under an $8 billion International Monetary Fund loan agreement has been mixed, the fund said, citing the public sector's continued dominance of the economy ...

Finance Ministry officials were not immediately available for comment. The fund forecast that Egypt's external debt would rise from $162.7 billion in 2024/25 to $202 billion by 2029/30.