08 May 2017
(MENAFN) Minister of Finance proclaimed that Egypt would deliver the second tranche of the IMF loan by the second half of June, worth USD1.25bn, while the total amount is USD12bn.
Furthermore, the Egyptian economy’s main indicators are recently under evaluation and revision by the IMF’s delegation and the government.
Additionally, the government’s program involves many reforms that have come into actions like the value-added tax (VAT), pound inflation and subsidy cuts.
The last issuance raised the registrations of debt instruments to USD4.1bn instead of USD950mn, while raising interest rate is the Central Bank of Egypt’s responsibility.
MENAFN0805201700450000ID1095459499
MENAFN0805201700450000ID1095459499
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
26 Jan 2026
BBK Enhances Autumn Fair 2026 Experience with Customized Rewards and Premium Services
This website uses cookies to ensure you get the best experience and by clicking “I Accept” below, you consent to the use of cookies. Learn more