Egypt secures IMF deal after pound plunge, bumper rate hike ...Middle East

Devdiscourse - Opinion
Egypt secures IMF deal after pound plunge, bumper rate hike
source : Devdiscourse ( Middle East ) () 51
Egypt secured an expanded $8 billion deal on Wednesday with the International Monetary Fund, hours after the central bank unshackled its currency and delivered a 600 basis points rate hike in a push to stabilise the economy. Additionally, Egypt would obtain a $1.2 billion loan for environmental sustainability, bringing its total from the IMF to more than $9 billion, the government said. This was towards the lower end of what some analysts expected.

Hence then, the article about egypt secures imf deal after pound plunge bumper rate hike was published today ( ) and is available on Devdiscourse ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Egypt secures IMF deal after pound plunge, bumper rate hike )

Apple Storegoogle play

Last updated :

Also on site :

Most viewed in Opinion
BJP leader H Raja hospitalised, condition stable
Devdiscourse - before 3 hours & 28 minute
Tech titans unite
New York Post - before 6 hours & 42 minute
UPDATE 2-Hong Kong port operator contract violated Panama constitution, court rules
Devdiscourse - before 10 hours & minute
The Left’s patriotism problem, progressives’ Nazi-hunting vow and other commentary
New York Post - before 10 hours & 9 minute
Protesters call for nationwide strike against Trump's immigration policies
Devdiscourse - before 8 hours & 57 minute
Don Lemon needs to choose —journalist or agitator, he can’t be both
New York Post - before 11 hour & 34 minute
Corrupt TMC regime sheltering infiltrators; BJP govt in Bengal vital for national security: Shah
Devdiscourse - before 2 hours & 3 minute
BJP will sweep all assembly seats in north Bengal in upcoming polls: Amit Shah at party workers' meet at Siliguri.
Devdiscourse - before 53 minute


Latest News

BJP will sweep all assembly seats in north Bengal in upcoming polls: Amit Shah at party workers' meet at Siliguri.

before 53 minute

Corrupt TMC regime sheltering infiltrators; BJP govt in Bengal vital for national security: Shah

before 2 hours & 3 minute

BJP leader H Raja hospitalised, condition stable

before 3 hours & 28 minute

ICE claim that man shattered his skull running into wall triggers tension at Minnesota hospital

before 4 hours & 40 minute

Tech titans unite

before 6 hours & 42 minute

UP minister faces protests in Mahoba over broken roads dug for Har Ghar Jal project

before 7 hours & 51 minute

Protesters call for nationwide strike against Trump's immigration policies

before 8 hours & 57 minute

UPDATE 2-Hong Kong port operator contract violated Panama constitution, court rules

before 10 hours & minute

The Left’s patriotism problem, progressives’ Nazi-hunting vow and other commentary

before 10 hours & 9 minute

UPDATE 1-Venezuela plans amnesty law for prisoners, vows to convert major prison center

before 10 hours & 59 minute

Don Lemon needs to choose —journalist or agitator, he can’t be both

before 11 hour & 34 minute

Activist Don Lemon is not the journalism hill for the liberal media to die on

before 12 hour & 6 minute

Sacramento scandal barely scratches the surface

before 12 hour & 18 minute

UPDATE 1-US to add 65,000 seasonal guest worker visas for 2026

before 12 hour & 27 minute

Poetic justice: Democrats’ own law boomerangs on Don Lemon

before 12 hour & 33 minute