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  1. IMF Praises Iran’s Planned Reforms, But Implementation Is Questionable

    ...ble).  The NDFI, which was established in 2011 to replace an earlier sovereign wealth fund, the Oil Stabilization Fund, is allocated by law a minimum 20% share of annual hydrocarbons revenue, with plans to increase this share gradually each year to a maximum of 30%. However, financial mismanagement and th...

    Volume: 59
    Issue: 40
    Published at Fri, 07 Oct 2016

  2. Egypt Reserves Rebound, Currency Takes Further Pounding

    ...Egypt’s foreign reserves jumped by $3bn to $19.59bn at the end of September – the highest since June 2015 – according to latest figures from the Central Bank of Egypt (CBE). Egypt’s foreign reserves stood at $36bn before the January 2011 revolution, but the political unrest which followed has gr...

    Volume: 59
    Issue: 40
    Published at Fri, 07 Oct 2016