Egypt Ezine

Tag : fiscal policy

Business

Argentina settles U.S. Treasury swap obligation in full

egyptezine.com
MENA Newswire, BUENOS AIRES: Argentina has repaid the United States $2.5 billion that it drew under a short term currency swap credit line from the U.S. Treasury, completing the repayment by the end of December 2025,...
Egypt’s central bank cuts interest rates by 200 basis points
Business

Egypt’s central bank cuts interest rates by 200 basis points

egyptezine.com
Egypt’s central bank cut its benchmark interest rates by 200 basis points on Thursday, bringing the overnight deposit rate to 22 percent and the lending rate to 23 percent, as policymakers moved to ease monetary...
Modi’s fiscal strategy propels India’s GDP growth to 6.2% in Q3
Business

Modi’s fiscal strategy propels India’s GDP growth to 6.2% in Q3

egyptezine.com
India's economy grew at a rate of 6.2% in the third quarter of the financial year 2024-25, up from 5.6% in the previous quarter, according to data released by the National Statistical Office (NSO). The...
Trump orders halt to penny production over high manufacturing costs
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Trump orders halt to penny production over high manufacturing costs

egyptezine.com
President Donald Trump has directed the U.S. Treasury Department to halt the production of pennies, citing their high manufacturing costs. According to recent figures, producing each penny costs nearly 3.7 cents, leading to significant financial...