Amr el Garhy

Egypt’s budget transparency score improved: World Bank

Wed, 18 Apr 2018 - 06:05 GMT

Egypt’s commitment to realizing financial transparency led to the country’s jump on the charter of Open Budget Survey.

In depth: State-owned IPOs analyzed

Thu, 22 Mar 2018 - 03:23 GMT

Ministry of Finance announced the listing of 23 companies in EGX, 10 of which are IPOs.

Finance minister expects inflation rate below 20% next month

Wed, 10 Jan 2018 - 09:40 GMT

“It’s a better than good indication and puts us on a good path,” said Garhy.

Egypt's finance minister expects Jan inflation at 20%

Sun, 10 Dec 2017 - 08:26 GMT

Egypt’s inflation rate is expected to drop to 20 percent in January and to 13-14 percent by August, Finance Minister Amr El Garhy said on Sunday.

Egypt to receive next IMF loan disbursal in December: minister

Wed, 22 Nov 2017 - 03:13 GMT

Egypt is set to receive its next International Monetary Fund loan disbursal in December, Finance Minister Amr El Garhy said.

IMF delegation in Cairo next week for second review

Thu, 19 Oct 2017 - 03:04 GMT

A delegation from IMF will visit Egypt next week to review Egypt’s reform program, before it disperses the third installment of a $12-billion loan.

Egypt plans to renew $2B agreement with international banks

Wed, 18 Oct 2017 - 11:16 GMT

Egypt plans to renew a two-billion-dollar agreement with international banks for an extra year to maintain Egypt's foreign reserves.

Egypt plans to renew $2bln agreement with int'l banks, says min.

Tue, 17 Oct 2017 - 06:31 GMT

Egypt plans to renew a two-billion-dollar agreement with international banks for an extra year to maintain Egypt's foreign reserves, Finance Minister Amr el Garhy said.

Egypt likely to receive new tranche of IMF loan after second review

Fri, 13 Oct 2017 - 03:40 GMT

Egypt is expected to receive the third tranche of USD 2 billion of the three-year International Monetary Fund (IMF) loan after a second review.

French amb. discusses with finance minister investments in Egypt

Fri, 29 Sep 2017 - 01:00 GMT

French Ambassador to Egypt Stefan Roumtier on Thursday received Egypt's Finance Minister Amr el Garhy.

Sisi calls for budget deficit up, social protection allocations down

Tue, 08 Aug 2017 - 08:09 GMT

Sisi asserted the necessity of maintaining efforts to cut the budget deficit and debt rates in the new budget for the fiscal year 2017/2018.

IMF praises Egypt for its economic reform program

Fri, 14 Jul 2017 - 10:52 GMT

The Managing Director of the International Monetary Fund (IMF), Christine Lagarde congratulated Egypt for the success achieved in the economic reform program.

IMF approves Egypt's 2nd loan tranche of $1.25B

Fri, 14 Jul 2017 - 10:33 GMT

The International Monetary Fund (IMF) approved on Thursday the disbursement of the second tranche worth $1.25 billion of Egypt's $12 billion loan.

Foreign investors procure 10% of T-bills by March: CBE

Thu, 08 Jun 2017 - 06:00 GMT

Foreign investors purchased 10 percent of treasury bills issued by the Egyptian government by March.

Around LE 105 B in T-bills and bonds to be issued in June

Fri, 02 Jun 2017 - 07:00 GMT

The Ministry of Finance plans to issue LE105.25 billion in treasury bonds and bills over June.

Egypt Eurobond sale to cover FY 2017-18 financing needs -fin min

Wed, 24 May 2017 - 07:36 GMT

Egyptian Finance Minister Amr El Garhy said that the country's $3 billion Eurobond sale would cover "to a large extent" its financing needs.

Sisi discusses preparations for Ramadan with Prime Minister

Mon, 22 May 2017 - 10:25 GMT

Sisi met with Prime Minister Sherif Ismail and Minister of Finance Amr el-Garhy to discuss tentative outcomes of the general budget for the current fiscal year.

Sisi discusses preparations for Ramadan with Prime Minister

Sun, 21 May 2017 - 10:15 GMT

Sisi met with Prime Minister Sherif Ismail and Minister of Finance Amr el-Garhy to discuss tentative outcomes of the general budget for the current fiscal year.

Egypt considering $1.5-2 bln Eurobond in coming weeks -finance minister

Sun, 30 Apr 2017 - 10:08 GMT

Egypt is considering a $1.5-2 billion Eurobond offering in the coming weeks, finance minister Amr El Garhy said in a telephone interview with private television channel CBC on Saturday.

Egyptian ministers discuss Sisi’s Washington visit on the ground

Mon, 03 Apr 2017 - 03:55 GMT

Egyptian ministers accompanying President Sisi on his trip to Washington, D.C. spoke about their views of the visit and its expected outcomes from Washington

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