The International Monetary Fund (IMF) mission is currently visiting Cairo to conduct the third review of the economic reform program, according to informed sources.
Sources added that the IMF mission has been in Cairo for two days to conduct the third review of the economic reform program with Egypt.
The third review of the financing program is expected to be completed on or after June 15, 2024, and the fourth review on or after September 15, 2024, according to the Fund’s report on the first and second reviews.
Egypt pledged to provide the IMF with accurate and timely data necessary for program monitoring reviews, as well as any information that has a material impact on economic conditions and the program’s objectives.
It should be noted that the Fund’s approval of the first and second reviews came after the Egyptian government met 7 structural reforms out of 15 structural standards set by the Fund.
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