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Egypt Targets $6.5 bn in Privatisation Programme for 2024: Finance Minister

Egypt aims to raise approximately USD 6.5 billion (EGP 200.8 billion) through the privatisation of state-owned companies and assets by the end of this year, Minister of Finance Mohamed Maait announced on 13 February, according to a press release on the ministryโ€™s website. โ€œ[The programme] contributes to attracting more investments, maximising the role of the
Al Iskandariyah United Arab Emirates Eastern Company Al Jizah Mostafa Madbouly Mohamed Maait

Pakistan's economy: How bad is Pakistan's debt crisis and can the IMF save it?

Negotiations for a new government in Pakistan have calmed fears of instability following inconclusive elections, but the risk of an economic crisis remains. The current $3 billion IMF program expires next month, and securing a new, larger one is seen as a priority. Pakistans debt-to-GDP ratio is already over 70%, with interest payments on debt estimated to consume 50-60% of government revenues this year.
Murtaza Syed Muslim League Nawaz International Monetary Fund Pakistan People Party Pakistan Muslim League Nawaz Pakistan People

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