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IMF sets December target to clear Egypt's last programme review

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The National
“IMF sets December target to clear Egypt's last programme review”

The International Monetary Fund said on Thursday a mission has been in Egypt this week to hold talks aimed at reaching a staff-level agreement on the country's economic programme. A draft is to be presented to the IMF's executive board for approval by mid-December. Cairo entered into a 46-month Extended Fund Facility (EFF) programme with the IMF in December 2022. It was supposed to expire in October but has been extended until December 15, 2026. Egypt embarked on its Resilience and…

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