Current IMF Program will be Egypt’s last loan, Prime Minister declares

Prime Minister Mostafa Madbouly announced that Egypt will not require a new program from the International Monetary Fund (IMF) beyond its current arrangement, anticipating that the existing program will be the nation’s final loan from the global fund by 2026 or 2027. During the government’s weekly press conference, Madbouly said…

China’s inbound tourism continues heating up amid improving environment

China’s inbound tourism has maintained strong momentum, with a sharp rise in both international arrivals and visitor spending, buoyed by streamlined visa policies and an improved travel environment, according to officials. About 132 million inbound tourists visited China in 2024, with total spending reaching 94.2 billion U.S. dollars, recovering to…

“China Travel” trending amid visa, tax policy boost

China’s optimized visa and tax refund policies have given a boost to inbound tourism, fueling the trending of “China Travel” globally, officials said. Speaking on the latest episode of China Economic Roundtable, an all-media talk show hosted by Xinhua News Agency, Liu Jia, an official with the National Immigration Administration,…