The Planning Ministry will finalize the Unified Planning Act within 10 days, after which it will be up for debate within Cabinet, Al Mal quotes Minister Hala El Said as saying yesterday. The act will regulate the planning of national projects, among other things. Also coming before Cabinet soon: Amendments to the law on conserving architectural heritage, which Housing Minister Mostafa Madbouly said will be ready “within days,” according to Al Mal.
The IMF and World Bank fall meetings take place 9-15 October, so get ready in a couple of weeks’ time for a new World Economic Outlook and lots of prognosticating. Senior officials and a number of private-sector actors from Egypt will be attending. The event webpage is here.
An IMF delegation is expected to visit Egypt at the end of October for a review ahead of the disbursal of the third USD 2 bn tranche of the country’s extended fund facility, which is scheduled for December.