Deputy Finance Minister to join IMF

MOVES- Yasser Sobhi has reportedly left the Finance Ministry to join the International Monetary Fund as an expert advisor starting from mid-Feb, an unnamed source told Reuters. The newswire identifies Sobhi as the deputy finance minister for macro-fiscal policies, a role we know has been held by former World Bank economist Ahmed Kouchouk since March 2016, when Amr El Garhy became minister. The source said Sobhi, who has been with the ministry since 2005, will join the IMF fiscal policy unit working with Saudi Arabia’s Finance Ministry.