{"id":600295,"date":"2019-01-27T04:21:50","date_gmt":"2019-01-27T04:21:50","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/27\/egypt-on-imf-boards-agenda-in-coming-weeks-lagarde-says\/"},"modified":"2019-01-27T04:21:50","modified_gmt":"2019-01-27T04:21:50","slug":"egypt-on-imf-boards-agenda-in-coming-weeks-lagarde-says","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/27\/egypt-on-imf-boards-agenda-in-coming-weeks-lagarde-says\/","title":{"rendered":"Egypt on IMF board\u2019s agenda in coming weeks, Lagarde says"},"content":{"rendered":"

<\/a> Egypt will be on the IMF board\u2019s agenda in the coming weeks, Lagarde says:<\/b> The IMF\u2019s Executive Board will discuss its fourth review of Cairo\u2019s economic reform program \u201cin the coming weeks,\u201d IMF Managing Director Christine Lagarde said in a statement<\/a> on Friday. Lagarde, who lauded Egyptians for their \u201cpatience and commitment\u201d to the reforms, said she will recommend that the board approve the recently completed review, a step necessary to release the next USD 2 bn payment under Egypt\u2019s USD 12 bn extended fund facility with the IMF.<\/p>\n

Don\u2019t take your foot off the gas pedal, Lagarde warns: <\/b>The IMF boss called on the Madbouly government to press ahead with \u201cstructural reforms that facilitate private sector-led growth and job creation, as well as measures to increase transparency and accountability that help improve governance.\u201d Keep an eye here<\/a> on the agenda for the IMF board\u2019s upcoming meetings for the exact date of the review.<\/p>\n

Fifth tranche coming next month:<\/b> Egypt expects to receive the next USD 2 bn tranche in February, Finance Minister Mohamed Maait told Youm7<\/a>. The disbursal \u2014 which was delayed<\/a> amid concerns from the IMF on how Egypt would implement a new fuel pricing strategy \u2014 will bring the total Egypt has received to USD 10 bn.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt will be on the IMF board\u2019s agenda in the coming weeks, Lagarde says: The IMF\u2019s Executive Board will discuss its fourth review of Cairo\u2019s economic reform program \u201cin the coming weeks,\u201d IMF Managing Director Christine Lagarde said in a statement on Friday. Lagarde, who lauded Egyptians for their \u201cpatience and commitment\u201d to the reforms, […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[7106,72,272,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-600295","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-debt","tag-enterpriseam","tag-imf","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"6a03f35b-57fb-46bb-bee1-f870adca389a","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[600290],"teaser":"","voice_url":""},"yoast_head":"\nEgypt on IMF board\u2019s agenda in coming weeks, Lagarde says - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/27\/egypt-on-imf-boards-agenda-in-coming-weeks-lagarde-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt on IMF board\u2019s agenda in coming weeks, Lagarde says\" \/>\n<meta property=\"og:description\" content=\"Egypt will be on the IMF board\u2019s agenda in the coming weeks, Lagarde says: The IMF\u2019s Executive Board will discuss its fourth review of Cairo\u2019s economic reform program \u201cin the coming weeks,\u201d IMF Managing Director Christine Lagarde said in a statement on Friday. 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