Categories: Business

IMF, Egypt agree to finalize work to reach staff-level agreement ‘very soon’


Sun, 2022-10-16 11:13

CAIRO: The International Monetary Fund and the Egyptian authorities have agreed to finalize work to reach a staff-level agreement ‘very soon’, the multilateral lender said on Saturday.

“IMF staff and the Egyptian authorities have held very productive in-person discussions on the margins of the IMF and World Bank Annual Meetings and made substantial progress on all policies”, the statement from IMF spokesman Gerry Rice said.

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