IMF Board Takes Egypt’s Seventh Review of a 6.1 Billion SDR Programme
The IMF Executive Board takes Egypt on 30 July, with SDR 2,226.03 million undrawn under an Extended Fund Facility that expires in December.
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IMF · Jul 9, 2026 · 4 min read
Egypt's two main inflation gauges both stood at 14.3 percent in June, but they arrived there from opposite directions. Annual core inflation…
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Global · Jul 8, 2026 · 3 min read
Labour markets across advanced economies remain robust but pay is failing to keep pace, the OECD said in its Employment Outlook 2026,…
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Global · Jul 8, 2026 · 4 min read
The International Monetary Fund cut its forecast for global growth this year to 3.0 percent and lifted its inflation projection, in a…
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China · Jul 8, 2026 · 3 min read
China's economic growth is projected to slow to 4.4 percent in 2026 and ease further to 4.3 percent in 2027, the World…
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Egypt · Jul 8, 2026 · 6 min read
Egypt's net international reserves rose to a record US$55.07 billion at the end of June, the Central Bank of Egypt reported, in…
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IMF · Jul 7, 2026 · 4 min read
Algeria's economy is projected to keep growing at a robust pace of about 3.8 percent in 2026, the International Monetary Fund said…
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Global · Jul 7, 2026 · 5 min read
Consumer price inflation across the OECD rose to 4.6 percent in the year to May, up from 4.4 percent in April, as…
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Energy & Commodities · Jul 7, 2026 · 4 min read
Kuwait's oil production is set to reach 2.660 million barrels a day in August under the latest OPEC+ agreement, Oil Minister Tareq…
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Energy & Commodities · Jul 4, 2026 · 5 min read
OPEC crude oil output rose sharply in June as Gulf producers restored shipments and shipping through the Strait of Hormuz returned to…
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Jordan · Jul 2, 2026 · 5 min read
The World Bank has reclassified Jordan as an upper-middle-income economy in its annual income classifications effective 1 July, a milestone that coincides…
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Jordan · Jul 2, 2026 · 3 min read
The World Bank's Board of Executive Directors has approved a US$700 million loan for Jordan to help convert macroeconomic stability into stronger…
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Egypt · Jun 30, 2026 · 6 min read
Egypt has reached a staff-level agreement with the International Monetary Fund on the seventh review of its Extended Fund Facility arrangement and…
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The IMF Executive Board takes Egypt on 30 July, with SDR 2,226.03 million undrawn under an Extended Fund Facility that expires in December.
The number of people facing hunger around the world fell for a third consecutive year in 2025, to about 645 million, or 7.8 percent of the global population, according to the latest edition of The State of Food Security and Nutrition in the World, published jointly by five United Nations agencies on 21 July 2026….
The International Energy Agency has warned that the security of oil supply has come under renewed strain, saying that an escalation in hostilities affecting the Strait of Hormuz and regional energy infrastructure has increased concerns over the flow of crude to world markets. In a statement on 21 July, the agency also pointed to emerging…
The International Monetary Fund projected euro-area growth slowing to about 0.9 percent in 2026 and 1.2 percent in 2027, down from 1.4 percent in 2025, as it concluded its 2026 Article IV consultation on common policies for the currency bloc in a press release dated 16 July 2026. The Fund put headline inflation at roughly…
The International Monetary Fund expects several Gulf economies, including Kuwait, to contract in 2026 as the disruption to shipping through the Strait of Hormuz weighs on oil output and export routes, before a sharp recovery in 2027, according to its July World Economic Outlook Update. The Fund cut projected growth for the wider Middle East…
OPEC trimmed its forecast for global oil demand growth this year to about 0.8 million barrels a day, down from around 1.0 million a month earlier, in its monthly report published on Monday, a downgrade that lands just as the group and its allies keep returning barrels to the market. The cut, concentrated in the…
Fitch Ratings affirmed Saudi Arabia’s long-term foreign-currency issuer default rating at A+ with a stable outlook late on Friday, saying the kingdom’s fiscal and external balance sheets have held up through the regional conflict, with government debt and sovereign net foreign assets considerably stronger than the medians of both A and AA rated peers and…
Global oil supply rebounded by a sharp 4.1 million barrels a day to 98.8 million barrels a day in June as tanker traffic through the Strait of Hormuz partially resumed, the International Energy Agency said in its July Oil Market Report, offering the most detailed accounting yet of how the market is healing from one…
The heads of the International Energy Agency, the International Monetary Fund, the World Bank Group and the World Trade Organization said the global economy “has been broadly resilient” to the shock from the war in the Middle East, but warned that the impacts remain highly uneven across energy supplies, food security, commodities and economic activity,…
Global foreign direct investment rose about 6 percent to 1.6 trillion dollars in 2025, ending two years of decline, but the recovery was unevenly spread and left many developing economies behind, the United Nations trade and development body UNCTAD said in its World Investment Report 2026, published on 7 July. The report described a global…