IMF approves $820 million for Egypt, focusing on economic reforms and private sector growth amid regional tensions.
The IMF and Egypt have reached agreement on a loan program review to unlock around $820 million, setting the stage for"an acceleration of structural reforms ," the Washington-based lender said Thursday.
The accord, which is subject to approval by the IMF's executive board, will make around $820 million available to Egypt as it continues making deep structural changes to its economy. "While geopolitical tensions and their impact on Egypt remain challenging, the authorities have stayed the course," IMF Egypt Mission Chief Ivanna Vladkova Hollar said in a statement.
Egypt Loan Reforms IMF Egypt SYND
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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