Reported 2 days ago
The International Monetary Fund reported significant progress in its discussions with Egypt regarding a review of the country's $8 billion economic program, although further negotiations are needed. An agreement on remaining policies and reforms is crucial to finalize the fourth review, which could release a $1.3 billion loan tranche. The IMF emphasized the importance of strengthening social safety nets and accelerating structural reforms to alleviate the impact of rising living costs on vulnerable populations.
Source: YAHOO