Por: Forbes Business November 06, 2022
GIZA, EGYPTGetty Images Key Takeaways The Egyptian economy has struggled for the past 10 years as misfortune and poor decision-making have hurt the economy and, in turn, the well-being of Egyptian citizens. So Egypt and the International Monetary Fund (IMF) recently agreed on a deal to correct the many issues dragging down Egypt's economy. Here are the details of that deal and the outlook for the future of Egypt. The state of Egypt's... + full article
Associated Press USA Business October 27, 2022
CAIRO (AP) — The International Monetary Fund reached a preliminary agreement with the Egyptian government Thursday that paves the way for the economically troubled Arab nation to access a $3 billion loan, officials said Thursday.IMF officials said a staff agreement between the... + más
Egypt, IMF reach preliminary agreement for $3 billion loan | ABC News
Is This the End of ‘Socialism for the Rich’? | The Atlantic
ABC News USA World October 27, 2022
CAIRO -- The International Monetary Fund reached a preliminary agreement with the Egyptian government Thursday that paves the way for the economically troubled Arab nation to access a $3 billion loan, officials said Thursday.IMF officials said a staff agreement between the... + más
Egypt, IMF reach preliminary agreement for $3 billion loan | Associated Press
The Hill USA Business October 18, 2022
The International Monetary Fund (IMF) is often described as a “lender of last resort,” which of course is not meant to flatter the governments that find themselves in need of borrowing from them. But many do, and their citizens often chafe under the policy conditions... + más
Russia's invasion has been very profitable for the IMF, which is gouging Ukraine and other countries in crisis | MarketWatch
MarketWatch USA Business October 11, 2022
While the IMF maintained its forecast for 3.2% economic growth this year, the institution cut its estimate for 2023 to 2.7%, down from 2.9% During a press briefing at the IMF’s annual meeting that brings together central bankers and finance ministers in Washington, D.C., IMF... + más
IMF Warns 'Worst Is Yet To Come' | RTTNews
The Atlantic USA Opinion October 05, 2022
The IMF’s rebuke of Britain for tax cuts that will “increase inequality” is probably not the come-to-Jesus moment it might seem.Getty; The AtlanticOctober 5, 2022, 7:30 AM ETLast Thursday, the International Monetary Fund spooked the markets and surprised the commentariat... + más
Letter to the editor: Churchill had it right about contemporary socialism | Portland Press Herald
Biden Calls Out ‘Socialist Republicans’ Now Begging for Money From Program They Voted Down | The Daily Beast
MarketWatch USA Politics September 28, 2022
Add to unsustainable debt burdens The IMF imposes these “surcharges” on countries with a debt to the Fund greater than 187.5% of their assigned quota at the organization or when the loan lasts more than 36 or 51 months (depending on the type of program). These surcharges... + más
As Ukraine calls for more financial support, IMF plans in-person mission to war-torn country | MarketWatch
War-torn Ukraine sets sights on additional IMF support not tied to its Fund quota | MarketWatch
MarketWatch USA Politics September 27, 2022
The IMF has decided to allocate another $1.4 billion, Shmyhal’s office said, noting that the Fund also set up an administrative account though which other countries can provide support to the embattled nation. Canada and Germany have transferred more than $1 billion through... + más
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