Egypt has reached an agreement with the International Monetary Fund (IMF) about a new program that will be announced very soon, said Finance Minister Mohamed Maait Sunday. Speaking on the fringe of the annual IMF meetings in Washington, Maait said that the Finance Ministry is still acting to repair the financial landscape in Egypt with the aim to maintain the economic gains. Maait had “very fruitful” talks with IMF experts during his visit to Washington. He posted them on efforts exerted by Egypt in the past year that translated into an initial surplus of 1.3 percent of the Gross Domestic Product (GDP) and a growth rate of 6.6 percent. There was also a 19-percent increase in annual tax reven
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