Public spending cuts in Africa ensure wages fall dramatically
Public spending cuts across six countries in Africa –Ethiopia, Ghana, Kenya, Liberia, Malawi and Nigeria – have witnessed significant drops...
IMF
EU to offer €4 billion in aid to Egypt
The EU has offered to provide another €4 billion in aid to Egypt in order for the country to meet...
MENA growth forecast up, but global risks loom
Economic growth in the Middle East and North Africa (MENA) region is forecast to accelerate this year, with the aggregate...
HTS-appointed Syrian officials to attend key World Bank talks
Syrian officials appointed by Hayat Tahrir Al Sham (HTS) will attend World Bank and IMF talks in Washington next week...
Tunisia repays $1bn in foreign loans as debt struggle continues
The Tunisian government has successfully paid back $1.18 of foreign loans this month as the country continues to struggle with...
Reduced inflation in Egypt from December
Rates of inflation in Egypt eased to 24.2% by December 2024 as high food prices continue to decrease, according to...
IMF grants initial approval of $1.2bn fourth review to Egypt
The International Monetary Fund said on December 25th that it reached an agreement at staff-level with Egypt on the fourth...
Egypt to float four military-owned companies on the stock market
Egypt intends to float up to four military-owned companies on the stock market as part of a broader privatisation plan...
Tunisia: Italy PM talks migration in state visit
Italy’s Prime Minister Giorgia Meloni praised Tunisia and her country’s shared priorities on fighting human trafficking and repatriating African migrants...
Can IMF help drought affected countries in Africa?
The International Monetary Fund (IMF) is examining ways of giving financial assistance for African countries that have been devastated by...
Tunisia: Carnegie report warns of impending debt crisis
Elation over a shipment of bananas has brought Tunisia’s grave economic situation into focus, according to Middle East Monitor on...
Egypt said to have agreed 8bn USD IMF loan conditions
Egypt announces an $8 billion bailout agreement with the IMF to tackle the country’s soaring inflation, according to The Associated...
Tunisia: Saied compromises independence of central bank
The new Central Bank of Tunisia governor is charged with averting a debt crisis with IMF talks in limbo, according...
Tunisia’s $1.9 billion IMF bail in limbo, after refusing to cut subsidies
Tunisia’s $1.9 billion bailout from the International Monetary Fund (IMF) is in limbo as the country hasn't made any proposal...
IMF approves 1.3 billion USD loan to Morocco
The International Monetary Fund (IMF) confirmed that it would give quake-hit Morocco an 18-month loan of 1.32 billion US Dollars,...
