IMF praises Egypt's proactive measures in managing impact of regional conflict

IMF praises Egypt's proactive measures in managing impact of regional conflict

Egypt’s Prime Minister Moustafa Madbouli reiterated on Wednesday that the International Monetary Fund’s approval, at staff level, of the seventh review of Egypt’s economic reform programme reflects the considerable efforts undertaken by the government and various state institutions to maintain economic stability despite regional challenges. Speaking during the weekly press conference held following the Cabinet meeting, Madbouli added that the IM…

IMF Reaches Staff-Level Deal with Egypt, Paving Way for $1.64bn in New Financing - The Middle East Observer

The International Monetary Fund (IMF) has reached a staff-level agreement with Egypt on the seventh review of the country’s Extended Fund Facility (EFF) programme and the second review under the Resilience and Sustainability Facility (RSF), paving the way for approximately $1.64 billion in additional financing, subject to approval by the IMF Executive Board. Completion of […] The post IMF Reaches Staff-Level Deal with Egypt, Paving Way for $1.64…