insert_link Business / Economics Egypt raises fuel prices as part of IMF-backed reforms Egypt announced Thursday a 15-percent increase in petrol prices, part of a reform package requested by the International Monetary Fund to proceed with a $5 billion loan to the cash-strapped government. The Egyptian petroleum ministry said the price hike would come into effect on Friday. The announcement comes ahead of an IMF meeting on Monday to review the April payout package, unlocking $820 million in funds after […] today25 July, 2024
insert_link World IMF delegation visits Pakistan for economic reform talks An International Monetary Fund delegation will review a $3 billion bailout arrangement with Pakistan's new government this week. Islamabad says it wants to negotiate an 'extensive and extended' economic bailout package with the IMF to ensure macroeconomic stability. today13 March, 2024
