{"id":603139,"date":"2019-04-16T03:54:20","date_gmt":"2019-04-16T03:54:20","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/boutros-ghali-says-no-need-for-another-imf-loan-but-experienced-govt-needed\/"},"modified":"2019-04-16T03:54:20","modified_gmt":"2019-04-16T03:54:20","slug":"boutros-ghali-says-no-need-for-another-imf-loan-but-experienced-govt-needed","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/boutros-ghali-says-no-need-for-another-imf-loan-but-experienced-govt-needed\/","title":{"rendered":"Boutros Ghali says no need for another IMF loan, but experienced gov\u2019t needed"},"content":{"rendered":"

<\/a> YBG says another IMF facility is unnecessary:<\/b> Egypt does not need another IMF loan, but the government needs to appoint experienced leaders, former Finance Minister Youssef Boutros Ghali told the local press<\/a>. \u201cThe IMF's procedures are difficult but necessary, and the Egyptians absorbed the shock, but we have to concentrate on other important issues now,\u201d Ghali said. The IMF reform program has squeezed poor Egyptians and bureaucracy is still an issue affecting FDI inflows, Ghali said. Egypt may not see another currency depreciation in the future, but the government must ensure incomes match the high inflation the country has been witnessing, the former minister said. He sees tourism, real estate and energy as the sectors with the most growth potential.<\/p>\n","protected":false},"excerpt":{"rendered":"

YBG says another IMF facility is unnecessary: Egypt does not need another IMF loan, but the government needs to appoint experienced leaders, former Finance Minister Youssef Boutros Ghali told the local press. \u201cThe IMF's procedures are difficult but necessary, and the Egyptians absorbed the shock, but we have to concentrate on other important issues now,\u201d […]<\/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":[72,272,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-603139","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-imf","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5cb0d1d4-d479-4ab0-9f06-f43afbc0fa60","is_powered_by":true,"section_story_id":"582c782c-1160-4b8d-86ae-c886dc2e3ac8","story_type":"1","photo_url":"","photo_position":"above","related_issue":[603129],"teaser":"","voice_url":""},"yoast_head":"\nBoutros Ghali says no need for another IMF loan, but experienced gov\u2019t needed - 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\/04\/16\/boutros-ghali-says-no-need-for-another-imf-loan-but-experienced-govt-needed\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Boutros Ghali says no need for another IMF loan, but experienced gov\u2019t needed\" \/>\n<meta property=\"og:description\" content=\"YBG says another IMF facility is unnecessary: Egypt does not need another IMF loan, but the government needs to appoint experienced leaders, former Finance Minister Youssef Boutros Ghali told the local press. \u201cThe IMF's procedures are difficult but necessary, and the Egyptians absorbed the shock, but we have to concentrate on other important issues now,\u201d […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/boutros-ghali-says-no-need-for-another-imf-loan-but-experienced-govt-needed\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-04-16T03:54:20+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/boutros-ghali-says-no-need-for-another-imf-loan-but-experienced-govt-needed\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/boutros-ghali-says-no-need-for-another-imf-loan-but-experienced-govt-needed\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Boutros Ghali says no need for another IMF loan, but experienced gov\u2019t needed\",\"datePublished\":\"2019-04-16T03:54:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/boutros-ghali-says-no-need-for-another-imf-loan-but-experienced-govt-needed\/\"},\"wordCount\":135,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"IMF\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/boutros-ghali-says-no-need-for-another-imf-loan-but-experienced-govt-needed\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/04\/16\/boutros-ghali-says-no-need-for-another-imf-loan-but-experienced-govt-needed\/\",\"name\":\"Boutros Ghali says no need for another IMF loan, but experienced gov\u2019t needed - 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Boutros Ghali believes that the budget deficit is the single biggest\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638797,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/15\/reforms-to-bear-fruit-interest-rates-too-high-ybg\/","url_meta":{"origin":603139,"position":3},"title":"Reforms to bear fruit, interest rates too high -YBG","author":"enterpriseam admin","date":"15 October 2017","format":false,"excerpt":"Rare interview with YBG: Egypt finally took the \u201cbitter medication\u201d of economic reform and it will bear fruit in time, former Finance Minister Youssef Boutros Ghali told Al Shorouk on the sidelines of the IMF and World Bank fall meetings. 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