pietro17elettra
Nonno pensionato
Certo il quadro economico generale di Fitch non è dei migliori, speriamo bene.
Egitto 6.875% 30.04.2040 ISIN XS0505478684
- Creatore Discussione pietro17elettra
- Data di Inizio
m.m.f
Forumer storico
Certo il quadro economico generale di Fitch non è dei migliori, speriamo bene.
.... vedremo ma si sono messi da soli nei casini...
pietro17elettra
Nonno pensionato
E' vero, ma visto il regime da loro in vigore pensavo che avessero più coraggio nelle riforme. Invece..........
m.m.f
Forumer storico
Proprio li il problema. Le imprese statali sono tutte in mano ai militari. Sono quelli gli asset che devono essere venduti et/o aperti ai privati.
L'FMI e, non solo batte su questo punto giustamente da sempre. Oltre a tutto il resto. Attualmente il prezzo mi consente di uscire con l'ultimo e, metterli su altro.
Credo potrebbe finire cosi non molto tardi.
Questi saranno riformati prima di fare le riforme.
fedro10
è la somma che fa il totale...
Egitto: aumenta partecipazione della Banca europea Bers in società rinnovabili Infinity
La Banca europea per la ricostruzione e lo sviluppo (Bers) ha aumentato la sua partecipazione azionaria in Infinity, società privata e principale...
www.agenzianova.com
pietro17elettra
Nonno pensionato
Egypt's c.bank transfers subsidised loan programmes to govt in line with IMF demand
Oggi 14:01 - RSF
CAIRO, Nov 21 (Reuters) - Egypt's central bank is transferring the administration and costs of its main subsidised loan programmes to the ministry of finance, according to a circular published on its website on Monday.
The transfer has long been a demand of the International Monetary Fund, which insists that the cost of any subsidy programmes, which are out of the purview of normal central bank activity, be clearly visible in the general budget.
The transfer follows the arrival of new central bank Governor Hassan Abdalla, appointed in August after the abrupt departure of powerful former governor Tarek Amer.
Many of the loan programmes, which cover industry, construction and agriculture as well as tourism and mortgages, were expanded to help companies hurt by the coronavirus pandemic.
The central bank allocated 100 billion Egyptian pounds ($4.07 billion) to finance private industrial, agricultural and construction companies earning more than 50 million pounds through loans with an 8% interest rate, according to the bank's website.
It also allocated 50 billion pounds to subsidise mortgages for middle-class housing and 50 billion pounds, also at 8%, to help tourism businesses during the pandemic, as well as 35 billion pounds to other sectors.
Egypt pledged in a one-year, $5.2 billion Stand-by Arrangement signed with the IMF in June 2020 that its central bank would not introduce any more subsidised loan programmes and that it would not renew existing programmes.
Any uncommitted interest subsidy costs as of May 2021 were to be borne by the government, and the central bank would restrict its lending to banks to short-term liquidity management, according to the 2020 agreement.
Last month, Egypt and the IMF reached a staff-level agreement for additional $3 billion support under a 46-month Extended Fund Facility, part of a package to help mitigate the financial fallout from Russia's invasion of Ukraine.
($1 = 24.5599 Egyptian pounds)
(Reporting by Patrick Werr Editing by Tomasz Janowski)
(([email protected]
)
Oggi 14:01 - RSF
CAIRO, Nov 21 (Reuters) - Egypt's central bank is transferring the administration and costs of its main subsidised loan programmes to the ministry of finance, according to a circular published on its website on Monday.
The transfer has long been a demand of the International Monetary Fund, which insists that the cost of any subsidy programmes, which are out of the purview of normal central bank activity, be clearly visible in the general budget.
The transfer follows the arrival of new central bank Governor Hassan Abdalla, appointed in August after the abrupt departure of powerful former governor Tarek Amer.
Many of the loan programmes, which cover industry, construction and agriculture as well as tourism and mortgages, were expanded to help companies hurt by the coronavirus pandemic.
The central bank allocated 100 billion Egyptian pounds ($4.07 billion) to finance private industrial, agricultural and construction companies earning more than 50 million pounds through loans with an 8% interest rate, according to the bank's website.
It also allocated 50 billion pounds to subsidise mortgages for middle-class housing and 50 billion pounds, also at 8%, to help tourism businesses during the pandemic, as well as 35 billion pounds to other sectors.
Egypt pledged in a one-year, $5.2 billion Stand-by Arrangement signed with the IMF in June 2020 that its central bank would not introduce any more subsidised loan programmes and that it would not renew existing programmes.
Any uncommitted interest subsidy costs as of May 2021 were to be borne by the government, and the central bank would restrict its lending to banks to short-term liquidity management, according to the 2020 agreement.
Last month, Egypt and the IMF reached a staff-level agreement for additional $3 billion support under a 46-month Extended Fund Facility, part of a package to help mitigate the financial fallout from Russia's invasion of Ukraine.
($1 = 24.5599 Egyptian pounds)
(Reporting by Patrick Werr Editing by Tomasz Janowski)
(([email protected]
)fedro10
è la somma che fa il totale...
Energia: Egitto, ministro Elettricità riceve delegati Energy China, focus su cooperazione
Il ministro dell'Elettricità dell'Egitto, Mohamed Shaker, ha tenuto colloqui con una delegazione della società statale cinese Energy China...
www.agenzianova.com
pietro17elettra
Nonno pensionato
UPDATE 1-Erdogan says Turkish, Egyptian ministers to meet in process of building ties
27/11/2022 20:01 - RSF
(Adds quotes, details, background)
ISTANBUL, Nov 27 (Reuters) - Turkish President Tayyip Erdogan said in comments broadcast on Sunday that a process of building relations with Egypt will start with ministers of the two countries meeting and that the talks would develop from there.
After years of tension between the two countries, Erdogan shook hands with Egypt's President Abdel Fattah al-Sisi in Qatar last week in what was described in an Egyptian presidency statement as a new start in bilateral relations between them.
In a televised discussion programme recorded in Turkey's Konya province on Saturday, Erdogan said that he and Sisi had spoken for around half an hour to 45 minutes at that meeting on the sidelines of the World Cup in Qatar.
"We had narrowly focused talks with Mr. Sisi there and said now let's have ministers coming and going at a low level. After that, let's broaden and widen these talks," Erdogan said, also signalling the possibility of improving ties with rival Syria.
"Just as this business is now on track with Egypt, things may also get on track with Syria," he said.
Ankara's ties with Cairo have been strained since Sisi, then Egypt's army chief, led the 2013 ouster of Mohamed Mursi of the Muslim Brotherhood, who was strongly supported by Erdogan.
The two countries started consultations between senior foreign ministry officials last year amid a push by Turkey to ease tensions with Egypt, the UAE, Israel and Saudi Arabia.
(Reporting by Omer Berberoglu; Writing by Daren Butler; Editing by Hugh Lawson)
(([email protected]; +90-212-350 7053; Reuters Messaging: [email protected]))
27/11/2022 20:01 - RSF
(Adds quotes, details, background)
ISTANBUL, Nov 27 (Reuters) - Turkish President Tayyip Erdogan said in comments broadcast on Sunday that a process of building relations with Egypt will start with ministers of the two countries meeting and that the talks would develop from there.
After years of tension between the two countries, Erdogan shook hands with Egypt's President Abdel Fattah al-Sisi in Qatar last week in what was described in an Egyptian presidency statement as a new start in bilateral relations between them.
In a televised discussion programme recorded in Turkey's Konya province on Saturday, Erdogan said that he and Sisi had spoken for around half an hour to 45 minutes at that meeting on the sidelines of the World Cup in Qatar.
"We had narrowly focused talks with Mr. Sisi there and said now let's have ministers coming and going at a low level. After that, let's broaden and widen these talks," Erdogan said, also signalling the possibility of improving ties with rival Syria.
"Just as this business is now on track with Egypt, things may also get on track with Syria," he said.
Ankara's ties with Cairo have been strained since Sisi, then Egypt's army chief, led the 2013 ouster of Mohamed Mursi of the Muslim Brotherhood, who was strongly supported by Erdogan.
The two countries started consultations between senior foreign ministry officials last year amid a push by Turkey to ease tensions with Egypt, the UAE, Israel and Saudi Arabia.
(Reporting by Omer Berberoglu; Writing by Daren Butler; Editing by Hugh Lawson)
(([email protected]; +90-212-350 7053; Reuters Messaging: [email protected]))
gualberto
Charlie don't Surf
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Egypt not out of the woods after IMF rescue deal
Egypt's finances remain in a precarious state despite two major currency devaluations this year and a brand new $3 billion International Monetary Fund rescue package, economists say.
www.reuters.com
أزمة الدولار في مصر تطفو من جديد على سطح الاستيراد | اقتصاد الشرق مع بلومبرغ
مصرفيون يستبعدون حلّ الأزمة قريباً.. وأقصى ما توفره البنوك حالياً 10% من الحد الأقصى لمستند التحصيل اقتصاد الشرق مع بلومبرغ
www.asharqbusiness.com
un frase tradotta... per ottenere un finanziamento diretto di 3 miliardi di dollari, (.... ulteriori all'accordo)
L'Egitto non è riuscito a raggiungere un accordo con Fondo monetario internazionale per ottenere un finanziamento diretto di 3 miliardi di dollari, all'interno di linee di credito superiori a 9 miliardi di dollari, per attirare investimenti esteri nel Paese, in particolare verso il mercato azionario, da cui sono usciti più di 20 miliardi di dollari di denaro straniero caldo dalla guerra russo-ucraina, secondo dichiarazioni del ministro delle finanze Mohamed Maait.
L'Egitto ha bisogno di 28 miliardi di dollari fino alla fine del 2023 per rifinanziare i suoi debiti insoluti, pagare gli interessi sul debito e finanziare il deficit delle partite correnti, secondo Deutsche Bank, oltre a ulteriori 20 miliardi di dollari richiesti l'anno successivo. Le riserve monetarie internazionali nette dell'Egitto, che superano di poco i 33 miliardi di dollari, non possono sopportare questo fardello. Ciò ha causato timori che l'Egitto continuerà ad aver bisogno di attingere ai mercati del debito.
m.m.f
Forumer storico
Egypt not out of the woods after IMF rescue deal
Egypt's finances remain in a precarious state despite two major currency devaluations this year and a brand new $3 billion International Monetary Fund rescue package, economists say.
أزمة الدولار في مصر تطفو من جديد على سطح الاستيراد | اقتصاد الشرق مع بلومبرغ
مصرفيون يستبعدون حلّ الأزمة قريباً.. وأقصى ما توفره البنوك حالياً 10% من الحد الأقصى لمستند التحصيل اقتصاد الشرق مع بلومبرغwww.asharqbusiness.com
un frase tradotta... per ottenere un finanziamento diretto di 3 miliardi di dollari, (.... ulteriori all'accordo)
L'Egitto non è riuscito a raggiungere un accordo con Fondo monetario internazionale per ottenere un finanziamento diretto di 3 miliardi di dollari, all'interno di linee di credito superiori a 9 miliardi di dollari, per attirare investimenti esteri nel Paese, in particolare verso il mercato azionario, da cui sono usciti più di 20 miliardi di dollari di denaro straniero caldo dalla guerra russo-ucraina, secondo dichiarazioni del ministro delle finanze Mohamed Maait.
L'Egitto ha bisogno di 28 miliardi di dollari fino alla fine del 2023 per rifinanziare i suoi debiti insoluti, pagare gli interessi sul debito e finanziare il deficit delle partite correnti, secondo Deutsche Bank, oltre a ulteriori 20 miliardi di dollari richiesti l'anno successivo. Le riserve monetarie internazionali nette dell'Egitto, che superano di poco i 33 miliardi di dollari, non possono sopportare questo fardello. Ciò ha causato timori che l'Egitto continuerà ad aver bisogno di attingere ai mercati del debito.
Se uno vuole uscire in questo momento ci sono delle alternative.