US dollar prices in Lebanon recorded a significant increase against the Lebanese pound on the unofficial black market in morning trading today, Monday, December 19, 2022. The price of the dollar today in Lebanon The price of the US dollar in Lebanon in black market transactions, against the Lebanese pound today, Monday 12-19-2022, reached the … Read more
The International Monetary Fund announced at an Executive Board meeting its approval to grant Egypt a $3 billion loan over a 46-month period. It is worth noting that, on October 27, it was announced that Egypt had reached an expert-level agreement with the International Monetary Fund on Egypt’s comprehensive 4-year national economic reform programme. The … Read more
10:53 PM Friday 09 December 2022 Books – Hassan Morsi: Journalist, Amr Adib said that in the next 10 days, especially before December 16, there are scenarios for measures that should be taken by the government, ahead of the meeting of the Executive Board of the International Monetary Fund to approve the granting of financing … Read more
23:23 Sunday 06 November 2022 Books – Moataz Abbas: Kristalina Georgieva, chief executive of the International Monetary Fund, praised the measures recently taken by Egypt to improve and develop public spending, work on its quality and open the economy to private sector participation. Georgieva explained, in the meeting with the program “A Last Word”, broadcast … Read more
Shaaban Bilal (Cairo) Yesterday, the International Monetary Fund revealed that it had reached an initial agreement with Tunisia on a $ 1.9 billion bailout package, which could be completed in December.Tunisia has been in dire need of international assistance for months, as it has been under the weight of a financial crisis, while the expert-level … Read more
Normal September 14, 2022 17:20 reading 2 minutes – – – Tunisia – ReutersThe Tunisian government and the General Labor Union have reached an agreement to raise public sector wages by 3.5 percent over the next three years, as part of talks on broader economic reforms aimed at securing a financial bailout external, the official … Read more
Normal $ 268 billion loan to 93 countries since the start of the pandemic September 14, 2022 11:06 reading 2 minutes – – – The International Monetary Fund has confirmed that it is increasing emergency funding to countries affected by high food prices and shortages caused by the war in Ukraine, as 20 to 30 … Read more
On Wednesday, Aug.17, Ghana’s central financial institution resolved to elevate its benchmark desire amount by 300 foundation factors to 22% at an unexpected emergency meeting amid hyperinflation. Ghana’s amount hike will come just a few months right after preserving monetary plan unchanged at 19%, as did the central bank’s statement at the time it was … Read more
The owner of the restaurant, Antoine Haddád, has been in business for 35 years. But now he has hopes, as Lebanon is facing one of the deepest financial crises in modern history. The difference between the current crisis and the past, such as the Lebanon civil war of 1975-1990, according to Haddad, is that the … Read more
“Economic performance is likely to decline sharply this year,” said Anwita Basu of Fitch Solutions, comparing Afghanistan to Syria and Burma, countries that are also facing a difficult political situation and whose gross domestic product has fallen by 10 to 20 percent. . Basu is convinced that the recently declared Middle East emirate has comparable … Read more