Central bank governor: Egypt discussing possible new IMF cooperation

Egypt is discussing possible further assistance from the International Monetary Fund (IMF) to help it carry out structural reforms once its current three-year IMF programme ends next month, its central bank governor said on Thursday,  Reuters  reported.“The government and the IMF are reviewing to see if there is any area for cooperation. There are still discussions on the subject, consultations,” Tarek Amer told reporters.“We did fiscal reform and monitoring reform. Now we are doing structural reform. We are looking to see if the IMF can help on the subject of structural reform.” READ: Egypt on edge after first anti-Sisi protest for years Egypt signed a three-year, $12 billion Extended Fund Facility on Nov. 11, 2016, after allowing its currency to weaken sharply, implementing a valued-added tax and raising fuel prices to reduce its balance of payments budget and deficits.Amer said Egypt would continue working with the fund whatever new arrangement was agreed upon.“At a minimum is the post-programme monitoring in which the IMF continues with us as long as the loan is outstanding,” he said.Egypt ...Read more

Emprunt Terre Croissance Compétition Budget Emploi Chômage Economie Sujet Peuple Gouvernement Role Investissement Développement Marché Mission Coopération Protestation Réforme Fiscale Création Poste Femme Privée Devise Programme Gouvernance Zone Banque Solde Année Secteur contre Amer Mesuré Le mois prochain Jeudi Soutien mieux Egypte Ameur Said Fonds Monétaire International Fonds Monétaire International Caire

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