22 Hrs
Source:
المصري اليوم
IMF urges stronger structural reforms for growth
The International Monetary Fund has recommended the implementation of more decisive structural reforms to support economic growth in Egypt, focusing on reducing government intervention and expanding private sector investment. The report praised Egypt's significant financial stability, with revenue targets surpassed and financing needs reduced, despite a slowdown in the government's withdrawal from the economy. It also confirmed that strengthening corporate governance and facilitating trade would attract investments. Moreover, the Egyptian market is expected to see several public company offerings in the upcoming period, which is a key condition for finalizing the program review with the Fund.
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