IMF anticipates increase in support to Egypt will be ‘large in size’ ...Egypt

EGYPT INDEPENDENT - Economy

The Managing Director of the International Monetary Fund, Kristalina Georgieva said that the expected increase in support to Egypt will be of a “large size.” During an interview with the Asharq Business with Bloomberg website on Sunday, during the sidelines of the World Government Summit held in Dubai, Georgieva announced that the IMF’s team will reach the final stages of completing the first and second reviews of Egypt’s program “within a few weeks.” Georgieva noted that the fund seeks “To give a dose of confidence to the Egyptian economy by enhancing the size of the support program.” “We have identified the financing gap in Egypt and we will announce it after the completion of the negotiat

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Last updated : 12 February 2024 clock 12:37 PM

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IMF anticipates increase in support to Egypt will be ‘large in size’ ...Egypt

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