#economic reform program

[annafricatv]

Egypt: Al-Sisi Says Most Painful Part Of Reform Is Over

President of Egypt, Abdel Fattah Al-Sisi said on Wednesday that the most painful part of his ambitious economic reform program was over. He says though, there was still some way to go before it's completed. #AfricanNewsNetwork

President of Egypt, Abdel Fattah Al-Sisi said on Wednesday that the most painful part of his ambitious economic reform program was over. He says though, there was still some way to go before it’s completed.

The reforms agreed on with the International Monetary Fund in exchange for a $12billion loan included floating the currency, substantial cuts in state subsidies on basic goods, and introducing…

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[richtopiatimes]

Will China Carry On Having the Best of Both Worlds?

Will China Carry On Having the Best of Both Worlds?

If you listen carefully, you might hear China’s chickens making their way home to roost. 

The severe volatility in China’s stock “markets” recently—not the magnitude of the changes in share prices per se,which has happened several times since the advent of the country’s exchanges 25 years ago, but Beijing’s and Chinese citizens’ reactions to them—may well signal the beginning of a fundamental…

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[hedgethink]

Emerging Markets Defined

[newsdock]

BERLIN (AP) — Greece isn't seeking another financial rescue and will soon set out a new economic reform program to underpin the recovery, the country's prime minister said Tuesday as he visited key creditor Germany. Source: Associated Press

[newsdock]

KIEV (Reuters) - The International Monetary Fund said on Thursday it had agreed a $14-18 billion stand-by agreement with Ukraine, a deal that will unlock further credits to reach a total of $27 billion over the next two years. "The mission has reached a staff-level agreement with the authorities of Ukraine on an economic reform program that can be supported by a two-year Stand-By Arrangement (SBA) with the IMF," the IMF said in a statement. (writing by Elizabeth Piper, editing by Steve Gutterman) Source: Reuters