2 Days
Source:
مصراوي
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IMF Seeks State Role Cuts
International Monetary Fund spokesperson Julie Kozack said that reducing the state’s role in Egypt’s economy and making room for the private sector remain key objectives of the Fund’s program, aimed at supporting investment and growth and creating jobs. Her remarks came in response to a question about the government’s planned offerings, including plans to sell a 20% stake in Misr Life Insurance and offer Banque du Caire. She said the Fund would announce further details after discussions with the Egyptian authorities had concluded. She did not directly assess movements in the dollar’s exchange rate against the Egyptian pound.
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