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IMF’s Fourth Review Completion Message of Confidence in Egypt’s Economy: PM


Wed 01 Jan 2025 | 09:27 PM
Taarek Refaat

PM Mostafa Madbouly said that the International Monetary Fund's announcement of the completion of the fourth review is a message of confidence in the path of economic reform pursued by the Egyptian government.

This came during a regular press conference Wednesday, following the Cabinet meeting at the government headquarters in the New Administrative Capital.

Madbouly confirmed that foreign markets received this very positively.

He also pointed out that the European Union program transferred the value of the first phase of the support program and arrived last Friday at the Central Bank's treasury.