IMF ‘Very Close’ to New Loan Agreement with Egypt: Georgieva ...Egypt

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IMF ‘Very Close’ to New Loan Agreement with Egypt: Georgieva
Image Credit: International Monetary Fund/Flickr Egypt and the International Monetary Fund (IMF) are in the final stages of discussions concerning the continuation of the country’s loan programme, Managing Director Kristalina Georgieva revealed on 2 February. “We are in this very last stretch when we are working on the details of implementation… We are very close. So we are not talking about a long protracted period at all,” Georgieva stated in a media roundtable published on the IMF’s website. Georgieva’s comments came following the conclusion of a two-week-long visit from an IMF delegation to Cairo, which focused on finalising the first and second reviews of Egypt’s reform programme suppor

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