Egypt announces its readiness for a new plan with the International Monetary Fund ...Egypt

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Egypt announces its readiness for a new plan with the International Monetary Fund
Egyptian Prime Minister Mostafa Madbouly said that discussions with the International Monetary Fund (IMF) have not stopped, and emphasized that the economic reform program is purely national. He continued in a press conference, “There may be disagreement and controversy over the tactics that are being dealt with. Communication is ongoing, and we are in the process of working with the Fund to develop a time plan that will be announced soon.” There are four priority sectors within the IPO program, he said, including airports, communications, banks, and insurance. He assured that the state is determined to activate the state ownership policy and launch the IPO program. The Egyptian state intend

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