The Monetary Policy Committee of the Central Bank of Egypt decided, in its meeting on Thursday, March 30, 2023, to raise the rates of the deposit and lending return for one night and the price of the main operation of the Central Bank by 200 basis points, to reach 18.25%, 19.25% and 18.75%, respectively, and the credit rate was also raised. And the discount is 200 basis points, reaching 18.75%.

The largest real estate development company in China, "Country Garden", announced Thursday its first annual losses in 15 years, at a time when this sector in China is facing a serious crisis that threatens the future of other companies. In a country where buying property is often considered a precondition for marriage and a necessary investment.
However, in an effort to reduce the sector's indebtedness, the Chinese authorities have tightened, starting in 2020, the conditions for obtaining credits for real estate developers.

 In the context of growing social tension in Europe's largest economy, a broad strike movement has begun to paralyze the transport sector in Germany at a time when trade unions are demanding wage hikes in the face of inflation. Rising prices have complicated wage negotiations in Germany's largest economy

The World Bank has vowed to step up its support to African countries with a special focus on their long-term development agendas, a senior official of the bank has said.