The IMF is expected to issue the report on its second review of Egypt’s economic reform program tomorrow afternoon. The IMF board had signed off on the results of the review in December, unlocking a USD 2 bn tranche of its USD 12 bn Extended Fund Facility to Egypt. The IMF is also due to release the latest on its December 2017 Article 4 talks with Egypt.
It’s a four-day work week, with Thursday being a national holiday marking Police Day / Revolution Day.