Amr el Garhy
Egypt’s commitment to realizing financial transparency led to the country’s jump on the charter of Open Budget Survey.
Ministry of Finance announced the listing of 23 companies in EGX, 10 of which are IPOs.
“It’s a better than good indication and puts us on a good path,” said Garhy.
Egypt’s inflation rate is expected to drop to 20 percent in January and to 13-14 percent by August, Finance Minister Amr El Garhy said on Sunday.
Egypt is set to receive its next International Monetary Fund loan disbursal in December, Finance Minister Amr El Garhy said.
A delegation from IMF will visit Egypt next week to review Egypt’s reform program, before it disperses the third installment of a $12-billion loan.
Egypt plans to renew a two-billion-dollar agreement with international banks for an extra year to maintain Egypt's foreign reserves.
Egypt plans to renew a two-billion-dollar agreement with international banks for an extra year to maintain Egypt's foreign reserves, Finance Minister Amr el Garhy said.
Egypt is expected to receive the third tranche of USD 2 billion of the three-year International Monetary Fund (IMF) loan after a second review.
French Ambassador to Egypt Stefan Roumtier on Thursday received Egypt's Finance Minister Amr el Garhy.
Sisi asserted the necessity of maintaining efforts to cut the budget deficit and debt rates in the new budget for the fiscal year 2017/2018.
The Managing Director of the International Monetary Fund (IMF), Christine Lagarde congratulated Egypt for the success achieved in the economic reform program.
The International Monetary Fund (IMF) approved on Thursday the disbursement of the second tranche worth $1.25 billion of Egypt's $12 billion loan.
Foreign investors purchased 10 percent of treasury bills issued by the Egyptian government by March.
The Ministry of Finance plans to issue LE105.25 billion in treasury bonds and bills over June.
Egyptian Finance Minister Amr El Garhy said that the country's $3 billion Eurobond sale would cover "to a large extent" its financing needs.
Sisi met with Prime Minister Sherif Ismail and Minister of Finance Amr el-Garhy to discuss tentative outcomes of the general budget for the current fiscal year.
Sisi met with Prime Minister Sherif Ismail and Minister of Finance Amr el-Garhy to discuss tentative outcomes of the general budget for the current fiscal year.
Egypt is considering a $1.5-2 billion Eurobond offering in the coming weeks, finance minister Amr El Garhy said in a telephone interview with private television channel CBC on Saturday.
Egyptian ministers accompanying President Sisi on his trip to Washington, D.C. spoke about their views of the visit and its expected outcomes from Washington
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