trade min imf team review 2nd tranche of 12bn loan
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Trade min., IMF team review 2nd tranche of $12bn loan

Arab Today, arab today

Arab Today, arab today Trade min., IMF team review 2nd tranche of $12bn loan

Minister Tareq Qabil
Cairo - MENA

Trade and Industry Minister Tareq Qabil had a meeting on Wednesday with a delegation from the International Monetary Fund (IMF) ahead of on the second dlrs 1.25 billion tranche of its three-year dlrs 12 billion IMF loan.

The delegation arrived in Cairo Sunday to conduct the first periodic review of Egypt's economic reform program.

In a statement on Thursday, Qabil said that a sustainable development strategy was drawn up within the Egyptian government's economic reform plan with the view to maximizing Egypt's role in the global economy.

The IMF officials hailed the trade ministry's strategy aiming at increasing industrial investment rates, in addition to decisions taken to beef up exports, Qabil said. 

Qabil further underlined the Trade Ministry's major role in facing economic-related problems, citing the launch of a strategy for enhancing industrial development and foreign trade until 2020.

Despite the challenges facing Egypt's economy, the GDP increased by 4.3% last year, while trade deficit declined by 18%, Qabil said.

Egypt's hard currency reserves also upped by 55%, while investments increased by 6.2%, he added. 

Egypt received the first 2.75-billion-dollar tranche of the IMF loan in mid-November.

arabstoday
arabstoday

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*

trade min imf team review 2nd tranche of 12bn loan trade min imf team review 2nd tranche of 12bn loan

 



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*

trade min imf team review 2nd tranche of 12bn loan trade min imf team review 2nd tranche of 12bn loan

 



GMT 11:50 2017 Wednesday ,22 February

2 Additional N. Koreans Identified as Being Linked

GMT 17:39 2017 Saturday ,02 September

Minister underlines support for OPEC cut deal

GMT 03:39 2017 Sunday ,24 September

6 arrested over extremist recruitment in Russia

GMT 02:26 2017 Thursday ,23 November

Al Hariri returns to Lebanon and abandons resignation

GMT 21:33 2017 Friday ,29 September

Official underlines economic improvement

GMT 04:36 2017 Wednesday ,14 June

EU seeks post-Brexit powers over London finance

GMT 17:59 2017 Friday ,20 October

In Syria, student dreams shattered by war

GMT 11:30 2017 Thursday ,16 February

Four dynamic ways to style your family’s portraits

GMT 13:54 2015 Saturday ,24 October

Kuznetsova ends title drought at Kremlin Cup

GMT 04:30 2018 Saturday ,20 January

France to host 140 foreign CEOs for pre-Davos summit

GMT 08:52 2018 Sunday ,14 January

Sea levels off Dutch coast highest ever recorded

GMT 04:35 2018 Wednesday ,03 January

No rise in autism in US in past three years

GMT 10:40 2017 Friday ,29 December

HRH Premier thanked by Kuwait Amir

GMT 00:21 2017 Wednesday ,23 August

Government wants KPK to be reinforced

GMT 14:54 2017 Tuesday ,10 October

Frankfurt stock market squares off against London

GMT 03:33 2017 Thursday ,23 November

Gwadar to emerge on world map as major trade hub: PM

GMT 07:04 2017 Wednesday ,23 August

Attorney General ordered establishment of specialized
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday