
The International Monetary Fund (IMF) will take part in Egypt's economic summit in February, during which authorities hope to raise billions of dollars to revive the country's battered economy, the fund's managing director Christine Lagarde.
In an interview with ABC News, Lagarde said that Egypt has not asked for an IMF loan — which it hasn't secured during negotiations in the past three years of turmoil — but wants the IMF to resume its periodic economic assessments of the country's economy.
"The authorities' recent reform efforts are already encouraging," Lagarde said. "I hope that through our consultation process ... we can add to the dialogue on the Egyptian reform process and provide conference participants with an assessment of how those reforms can help restore durable economic stability and sustainable growth to Egypt."
GMT 14:02 2018 Sunday ,02 December
RDIF says $2 billion will be invested in Russian economy from joint Russian-Saudi fundGMT 12:03 2018 Friday ,30 November
Canada on track to sign new free trade deal with US and MexicoGMT 07:56 2018 Wednesday ,21 November
Merkel policies in focus in final debate on draft German budgetGMT 14:11 2018 Thursday ,08 November
Greek minister, Russian ambassador discuss possible investment projectsGMT 13:42 2018 Wednesday ,07 November
PM says Russian-Chinese trade turnover may reach $200 blnGMT 11:15 2018 Wednesday ,07 November
Top U.S. diplomat visits Pakistan to discuss economic cooperationGMT 13:53 2018 Thursday ,01 November
Alrosa to sell 127 large gem-quality rough diamonds at an auction in IsraelGMT 10:59 2018 Tuesday ,30 October
Trade turnover between Russia and Japan grows by over 17% in 2018Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©
Send your comments
Your comment as a visitor