IMF will not impose conditions on Egypt over subsidizing: Minister ...Egypt

Economy by : (EGYPT INDEPENDENT) -
Egyptian Minister of Supply and Internal Trade Sherif Farouk told Al-Masry Al-Youm, on the sidelines of the annual conference of the Insurance Federation in Sharm el-Sheikh, on Sunday, that the International Monetary Fund (IMF) will not impose any conditions – or a specific direction – on the government regarding subsidizing. He said that this is the state’s plan that it prepared within the economic and social reform program, and was approved by the IMF. Regarding the appropriateness of the time to implement the decision that the government intends for a shift in subsides, the Minister explained that the decision is determined by technical studies and the outcomes of the National Dialogue an

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