positive indicators for egypt economy
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Last Updated : GMT 09:40:38
Themuslimchronicle, themuslimchronicle

Christine Lagarde:

Positive indicators for Egypt economy

Themuslimchronicle, themuslimchronicle

Themuslimchronicle, themuslimchroniclePositive indicators for Egypt economy

Christine Lagarde
Riyadh - Arab Today

Head of the International Monetary Fund Christine Lagarde lauded the positive indicators achieved by the Egyptian economy recently, asserting the readiness of the IMF to offer Egypt the needed loans to push the national economy forward.

In an interview with the London newspaper of Al Hayat, the Saudi edition, Lagarde said, on the sidelines of the Spring Meetings of the World Bank and International Monetary Fund in Washington, that Egypt can ask for any developmental program from the IMF at anytime that seems suitable for its authorities.

The Egyptian government started to achieve improvement in the level of confidence, she said, adding that the growth of the gross domestic product increased in the first half of the current fiscal year.

It is expected that the Egyptian economy will become more stable with the implementation of current policy plans, Lagarde said.

In the gas market, Egypt is moving in the right direction, she said, adding that the reform measures taken by the government helped in slashing the cost of fuel subsidy which is a burden on the budget.

Lagarde said that GCC member states achieved strong growth but it is important to increase the economic diversity with the decrease of petroleum revenues.

She also welcomed the framework agreement between Iran and major states about the nuclear program of Tehran, saying that this agreement can stimulate the international and regional economy.

Answering a question on the outcome of the Spring Meetings concerning the Middle East, Lagarde said that the region will face more challenges, adding that there is a negative security, social and economic impact on neighboring states.

On Yemen, Lagarde expressed sadness over the deteriorating security and economic situation in the country.
Source: MENA

themuslimchronicle
themuslimchronicle

GMT 08:11 2018 Wednesday ,17 January

BlackRock chief calls on CEOs

GMT 08:51 2018 Wednesday ,03 January

Banks 'reticent' to work with Sudan

GMT 08:36 2017 Sunday ,31 December

US tax reform to cut earnings by $5 bn

GMT 18:42 2017 Thursday ,28 December

Al-Sukait Tackles Investors’ Contribution

GMT 18:34 2017 Wednesday ,27 December

Shaath reveals opening date of Metro third line

GMT 09:52 2017 Tuesday ,12 December

Senate tax plan would boost revenue $1.8 tn

GMT 08:42 2017 Friday ,08 December

Post-Brexit London 'won't fall apart'

GMT 10:04 2017 Monday ,27 November

Brexit without EU trade deal 'not end of world'
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

positive indicators for egypt economy positive indicators for egypt economy

 



Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle

GMT 08:32 2011 Monday ,25 July

Sabri accuses Yusri in Souad Hosni’s murder

GMT 12:07 2014 Monday ,03 February

Home design ideas

GMT 11:20 2017 Thursday ,02 March

Mexico central bank cuts growth outlook over Trump

GMT 08:31 2017 Tuesday ,28 November

Bangladesh upholds death sentence for 139 soldiers

GMT 14:33 2017 Thursday ,20 April

US defense secretary vows support for Egypt's Sisi

GMT 16:12 2017 Wednesday ,20 December

Myanmar bars UN rights investigator just before visit

GMT 08:21 2017 Wednesday ,30 August

United Technologies near deal to buy Rockwell Collins

GMT 18:27 2017 Friday ,21 April

ARCO condemns targeting of ERC convoy in Somalia
Themuslimchronicle, themuslimchronicle
Themuslimchronicle, themuslimchronicle
 
 Themuslimchronicle Facebook,themuslimchronicle facebook  Themuslimchronicle Twitter,themuslimchronicle twitter Themuslimchronicle Rss,themuslimchronicle rss  Themuslimchronicle Youtube,themuslimchronicle youtube  Themuslimchronicle Youtube,themuslimchronicle youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2023 ©

muslimchronicle muslimchronicle muslimchronicle muslimchronicle
themuslimchronicle themuslimchronicle themuslimchronicle
themuslimchronicle
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
themuslimchronicle, themuslimchronicle, themuslimchronicle