Daily life in Egypt has been strained by a wave of price rises driven by Egyptian pound slumps, leaving the country at the mercy of the dollar.

The International Monetary Fund is not expected to downgrade its forecast for 2.7% growth in 2023, the head of the global lender said on Thursday, noting that concerns about an oil price spike had…

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe, and China - all experience weakening activity, the head of the…

Egypt on Thursday lifted a key restriction on imports and approved a list of economic activities the government would leave to the private sector, in an effort to meet two key conditions attached to…

Tunisia's powerful UGTT union will hold mass protests and "occupy the streets" soon to show its rejection of next year's austerity budget, the leader of the union said on Monday, in its strongest…

The International Monetary Fund will be watching for a shift by Egypt to a flexible exchange rate after a requirement to finance imports through letters of credit is phased out at the end of this…

The World Bank is ready to provide Lebanon with $300 to $500 million this year for social security and other projects relating to food and agriculture, the Lebanese cabinet tweeted on Tuesday, citing…

Egypt has finalized a staff-level agreement with the international monetary fund (IMF) on the components of its program, and will issue an announcement "very soon," the country's finance minister…

Africa's central banks are walking a tightrope trying to curb inflation that is mostly out of their control and causing "horrifying" food insecurity, the International Monetary Fund's Africa head…

British Prime Minister Liz Truss has fired her finance minister Kwasi Kwarteng, the BBC reported on Friday, shortly before she is expected to scrap parts of his economic package in a bid to survive…