{"id":634526,"date":"2018-01-17T04:14:28","date_gmt":"2018-01-17T04:14:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/on-the-horizon-97\/"},"modified":"2018-01-17T04:14:28","modified_gmt":"2018-01-17T04:14:28","slug":"on-the-horizon-97","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/on-the-horizon-97\/","title":{"rendered":"On the horizon"},"content":{"rendered":"<p><strong>The IMF will issue a report on its second review of Egypt\u2019s economic reform program within the coming few weeks,<\/strong> Egypt Mission Chief Subir Lall <a href=\"http:\/\/almalnews.com\/Story\/360952\/15\/%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D9%8A%D8%B9%D9%84%D9%86-%D8%AA%D9%82%D9%8A%D9%8A%D9%85%D8%A7%D9%8B-%D8%AC%D8%AF%D9%8A%D8%AF%D9%8B%D8%A7-%D9%84%D9%84%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF-%D8%AE%D9%84%D8%A7%D9%84-%D8%A3%D8%B3%D8%A7%D8%A8%D9%8A%D8%B9\">told Al Mal<\/a>. The IMF\u2019s executive board had <a href=\"https:\/\/enterprise.press\/stories\/2017\/12\/21\/imf-executive-board-signs-off-on-usd-2-bn-disbursement\/\">agreed last month<\/a> to disburse USD 2.03 bn of Egypt\u2019s USD 12 bn extended fund facility after concluding its review, which found that reform measures are \u201cyielding encouraging results.\u201d The tranche, which could be issued as early as this month, would bring total disbursements up to around USD 6.08 bn.<\/p>\n<p><strong>Prime Minister Sherif Ismail is said to be returning to work within a week. <\/strong>It\u2019s rumored that Ismail has been on the mend since his return from Germany last month and has already started working from home.<\/p>\n<p><strong>US Vice President Mike Pence will stop in Egypt on 20 January to meet with President Abdel Fattah El Sisi<\/strong> as part of a regional tour that will also take him to Jordan and Israel.<\/p>\n<p>(<strong>Pence\u2019s visit comes after the US has informed Palestinian aid agency UNRWA that it is freezing USD 65 mn in funding<\/strong>, pending \u201csome reforms\u201d of how the organization operates, Department of State spokesperson Heather Nauert <a href=\"https:\/\/www.state.gov\/r\/pa\/prs\/dpb\/2018\/01\/277473.htm\">said at a press briefing yesterday<\/a>. Nauert admitted that the decision was partially fueled by the backlash to the US\u2019 Jerusalem declaration.)<\/p>\n<p><strong>Arab League member states are scheduled to meet less than two weeks after Pence\u2019s visit<\/strong> to discuss how best to counter US President Donald Trump\u2019s Jerusalem declaration.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The IMF will issue a report on its second review of Egypt\u2019s economic reform program within the coming few weeks, Egypt Mission Chief Subir Lall told Al Mal. The IMF\u2019s executive board had agreed last month to disburse USD 2.03 bn of Egypt\u2019s USD 12 bn extended fund facility after concluding its review, which found [&hellip;]<\/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":[9277],"tags":[72,3157],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634526","post","type-post","status-publish","format-standard","hentry","category-on-the-horizon","tag-enterpriseam","tag-on-the-horizon","wpautop","entry"],"acf":{"mongo_id":"fd6184c5-62e8-47b3-b681-c9397bcad2ba","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[634519],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>On the horizon - 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\/2018\/01\/17\/on-the-horizon-97\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"On the horizon\" \/>\n<meta property=\"og:description\" content=\"The IMF will issue a report on its second review of Egypt\u2019s economic reform program within the coming few weeks, Egypt Mission Chief Subir Lall told Al Mal. The IMF\u2019s executive board had agreed last month to disburse USD 2.03 bn of Egypt\u2019s USD 12 bn extended fund facility after concluding its review, which found [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/on-the-horizon-97\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-17T04:14:28+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\/2018\/01\/17\/on-the-horizon-97\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/on-the-horizon-97\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"On the horizon\",\"datePublished\":\"2018-01-17T04:14:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/on-the-horizon-97\/\"},\"wordCount\":244,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"ON THE HORIZON\"],\"articleSection\":[\"ON THE HORIZON\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/on-the-horizon-97\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/on-the-horizon-97\/\",\"name\":\"On the horizon - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-01-17T04:14:28+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/on-the-horizon-97\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/on-the-horizon-97\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/on-the-horizon-97\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"On the horizon\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"On the horizon - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/17\/on-the-horizon-97\/","og_locale":"en_US","og_type":"article","og_title":"On the horizon","og_description":"The IMF will issue a report on its second review of Egypt\u2019s economic reform program within the coming few weeks, Egypt Mission Chief Subir Lall told Al Mal. 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Egypt has already received two tranches worth a combined USD 4 bn.The Central Bank\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635778,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/on-the-horizon-111\/","url_meta":{"origin":634526,"position":3},"title":"On the horizon","author":"enterpriseam admin","date":"13 December 2017","format":false,"excerpt":"The IMF may disburse the third USD 2 bn tranche of Egypt\u2019s USD 12 bn Extended Fund Facility as late as January, an unidentified government source tells Al Shorouk. Finance Minister Amr El Garhy had previously said that the disbursal is expected before the end of December. The IMF\u2019s Executive\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":628776,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/05\/14\/on-the-horizon-26\/","url_meta":{"origin":634526,"position":4},"title":"On the horizon","author":"enterpriseam admin","date":"14 May 2018","format":false,"excerpt":"The IMF should issue its progress report on Egypt\u2019s economic reform program in two weeks\u2019 time, Deputy Chief of Media Relations Alistair Thomson tells Al Masry Al Youm. A delegation is in town until 17 May to finish a review that should unlock another USD 2 bn of the USD\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":627980,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/20\/on-the-horizon-14\/","url_meta":{"origin":634526,"position":5},"title":"On the horizon","author":"enterpriseam admin","date":"20 June 2018","format":false,"excerpt":"The fourth USD 2 bn tranche of the IMF\u2019s loan to Egypt should be unlocked on 27 June when the IMF\u2019s executive board meets to review progress on Egypt\u2019s economic reform program. The disbursement would bring the total amount Egypt has received under the facility to USD 8 bn. 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