Egypt

IMF delegation to arrive in Egypt next week

An International Monetary Fund delegation will arrive in Cairo next week to review Egypt’s progress on economic reforms before it disperses the fourth instalment of a $12 billion loan programme, Deputy Finance Minister Mohamed Moait said.

Egypt agreed the three-year IMF loan programme in November 2016 that is tied to sweeping reforms such as spending cuts and tax hikes.

Related Articles

Back to top button