First Independent Mena Newspaper
An International Monetary Fund (IMF) mission is scheduled to arrive in Cairo in early December 2025 to conduct the fifth and sixth reviews of Egypt’s $8 billion Extended Fund Facility (EFF) and the first review under the $1.3 billion Resilience and Sustainability Facility (RSF), according to Julie Kozack, Head of the IMF’s Communications Department. Speaking […]
The International Monetary Fund (IMF) said on Thursday it had agreed a $3 billion Extended Fund Facility (EFF) over 46 months with Egypt, Reuters reports. The deal is part of a four-year international financing program worth a total of $9 billion which also includes $1 billion from the IMF’s Resilience and Sustainability Trust (RST) and […]
The Speaker of the Tunisian parliament, Mohammed Ennaceur, denied reports that Tunis has approved the deployment of a military base in the country after it was designated as a major non-NATO ally of the US by President Obama. Speaking to Russia Today, Ennaceur claimed the reports are “not true” because “there are no such plans.” […]
The International Monetary Fund (IMF) has approved a $2.9 billion Extended Fund Facility (EFF) for Tunisia to help the country carry out its economic and financial reform program. This program aims at promoting stronger and more inclusive growth by consolidating macroeconomic stability, reforming public institutions, facilitating financial intermediation and improving the business climate. According to […]