Egypt: Praises Course of Talks with IMF over Economic ProgramSource: www.export-egypt.com 5/4/2017, Location: Africa |
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 Finance Minister Amr el Garhy praised the course of talks with the International Monetary Fund (IMF) over Egypt's economic reform program.
The discussions are going well, Garhy said in a statement following the cabinet's meeting. Speaking about the IMF's loan, the minister expected that Egypt would receive the second tranche of the loan in June. He further noted that talks were still underway over the abolition of free economic zones in the investment bill. The government submitted a number of proposals to the House of Representatives on how to improve the investment climate in Egypt, including providing investment incentives for investors, the minister noted. |
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