After Egypt Central Bank hiked interest rates, IMF released additional loan to the country. Pound was trading at a record low and prices rose.
Browsing: egypt economy
A calculation by Bloomberg released by the IMF points out the Arab country could play a relevant role in the progress of the world economy over the next five years. China tops the ranking.
This week, a conference in Egypt between government and private sector representatives resulted in a document with guidelines for progressing the local economy.
The Egyptian Minister of Planning and Economic Development, Hala El-Saeed, reviewed the preliminary indicators of the country’s economic performance from July through September.
Finance minister says this reflects the foreign investors’ confidence in the robustness of the Egyptian economy.
