Egypt has received €1 billion in concessional development financing from the European Union, marking the first tranche of the second phase of the EU’s macro-financial assistance (MFA), announced on Thursday by Minister of International Cooperation, Rania Al-Mashat. The disbursement follows the implementation of 16 economic and structural reforms aimed at strengthening macroeconomic stability, improving public […]
Saudi Arabia is willing to provide Tunisia a financial facility to support the 2022 state budget but provided that the North African country meets the demands of the International Monetary Fund (IMF) for a restructuring plan, Business News reports. Malek Zahi, Tunisian Minister of Social Affairs, who was in the Gulf country last week for […]
King Mohammed VI has sent a message of condolences to President Frank-Walter Steinmeier of Germany following the death of former German President and former Managing Director of the International Monetary Fund (IMF), Horst Köhler. In his message, the Sovereign expressed his deep sorrow over the death of Köhler, highlighting that the Kingdom of Morocco honors […]
