{"id":635289,"date":"2024-07-29T00:00:00","date_gmt":"2024-07-29T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/29\/imf-board-discussed-our-third-review-today\/"},"modified":"2024-07-29T00:00:00","modified_gmt":"2024-07-29T00:00:00","slug":"imf-board-discussed-our-third-review-today","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2024\/07\/29\/imf-board-discussed-our-third-review-today\/","title":{"rendered":"IMF board discussed our third review today"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Good morning, everyone. <\/strong>It is another busy morning here in Egypt and we don\u2019t expect the news flow to slow down anytime soon as we sit tight awaiting the results of the IMF board\u2019s discussion of our third review. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>BUT FIRST- Do you want to attend our 2024 Enterprise Finance Forum on 24 September? <\/strong>Seating is strictly limited at our flagship, invitation-only forum for C-suite executives and other senior leaders. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Why attend? <\/strong>We\u2019re in the early days of a generational realignment of power in our industry \u2014 in our region and beyond \u2014 and on the cusp of the biggest intergenerational transfer of wealth that the world has ever seen. With that as the backdrop, we\u2019re going to take stock of where we stand six months after the float of the EGP and ask what\u2019s next for finance in our country and the wider region. Among the questions we\u2019ll be asking:<\/p>\n<ul>\n<li>What\u2019s Egypt\u2019s role in the regional industry? <\/li>\n<li>What are foreign investors looking for right now? <\/li>\n<li>Is real estate the only asset class in Egypt?<\/li>\n<li>What does the next generation of leaders think as they take over established family businesses?<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Do you want to request an invitation? <\/strong>Tap or click the image below. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a href=\"http:\/\/finance2024.enterprise.news\/\" target=\"_blank\" rel=\"noopener\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/ads\/imgs\/272.jpg?ssl=1\"><\/a> <\/p>\n<p class=\"tag-border-left\">HAPPENING TODAY-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt2\"><\/a> <strong>The third review of our IMF loan: <\/strong>The IMF Executive Board is <a target=\"_blank\" href=\"https:\/\/www.imf.org\/en\/About\/executive-board\/EBC-Scheduled\" style=\"\" rel=\"noopener\">scheduled<\/a> to discuss the <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b2b49d12-a242-44d3-94d0-487ba56472d8\/\" style=\"\" rel=\"noopener\">third<\/a><a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/b2b49d12-a242-44d3-94d0-487ba56472d8\/\" style=\"\" rel=\"noopener\">review<\/a> of our USD 8 bn loan program today. The discussion was <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2a49774b-2fb2-4d2c-839e-61b1ce5778c3\" style=\"\" rel=\"noopener\">pushed back<\/a> from an earlier date of 10 July to \u201cfinalize some details\u201d and it is thought that the review was pushed back as the board waits to see how the newly sworn-in government will approach <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/45d2052e-4c8d-4dde-b93c-8965df87dd03\/egypt-hikes-car-fuel-prices-by-up-to-15%2525\" style=\"\" rel=\"noopener\">trimming fuel subsidies<\/a>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>What\u2019s next: <\/strong>The greenlight from the board will see the Fund disburse a fresh USD 820 tranche into the state coffers and will allow Egypt to apply for an additional USD 1.2 bn in climate financing. Egypt and the IMF reached a <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/dfbd78c7-f717-4c87-b12e-7c5cdec4e021\/%253cmark%253eimf%253c%2Fmark%253e-reaches-staff-level-agreement-on-third-loan-review\" style=\"\" rel=\"noopener\">staff-level agreement<\/a> on the third review early last month.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt3\"><\/a> <strong>AND- USD 370 mn in IMF debt relief? <\/strong>The G20 countries could greenlight a decision to provide debt relief to the countries that are most indebted to the IMF, which could mean upwards of USD 370 mn in debt relief to Egypt, House Budget Committee head Fakhry El Feky told Hadret El Mowaten last night (<a target=\"_blank\" href=\"https:\/\/www.facebook.com\/watch\/?v=1413390845996625\" style=\"\" rel=\"noopener\">watch, runtime: 5:22<\/a>). This comes amid concerns that the Fund\u2019s penalties on its biggest borrowers were becoming too hefty in light of higher interest rates and inflation.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Egypt is the Fund\u2019s third largest debtor<\/strong> with USD 10.3 bn of outstanding credit, behind Ukraine and Argentina. Egypt is forecast to pay the IMF USD 370 mn in surcharges in the next five years, marking the country as the world\u2019s third largest payer of surcharges.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>The <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/90a188ae-46ce-489e-8d80-a7aeb264bc28\/remittances-surge-73.8%2525-y-o-y-in-may\" style=\"\" rel=\"noopener\">IMF is reportedly already looking<\/a> into lowering the surcharges that it levies on its biggest borrowers. <\/p>\n<p class=\"tag-border-left\">WATCH THIS SPACE- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><a id=\"wwtt1\"><\/a> <strong>Forget leasing, Egypt is looking to buy a regasification unit: <\/strong>The government is reportedly in talks with Jordan to jointly purchase a new floating regasification unit, <a target=\"_blank\" href=\"https:\/\/www.asharqbusiness.com\/economics\/49699\/%D9%85%D8%B5%D8%B1-%D8%AA%D8%AF%D8%B1%D8%B3-%D8%B4%D8%B1%D8%A7%D8%A1-%D9%88%D8%AD%D8%AF%D8%A9-%D8%AA%D8%BA%D9%88%D9%8A%D8%B2-%D8%B9%D8%A7%D8%A6%D9%85%D8%A9-%D8%A8%D8%A7%D9%84%D8%B4%D8%B1%D8%A7%D9%83%D8%A9-%D9%85%D8%B9-%D8%A7%D9%84%D8%A3%D8%B1%D8%AF%D9%86\/\" style=\"\" rel=\"noopener\">Asharq Business<\/a> reports, citing unnamed sources. Egyptian officials are exploring purchasing the ship jointly or on our own, with discussion of leasing out the ship to other countries should our supply gap diminish.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Remember: <\/strong>Egypt currently has access to two regasification units, one in Jordan\u2019s terminal in Aqaba, which Egypt was given the right to in an agreement inked last year, and a newly-leased Norwegian floating storage and regasification currently <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/291997ca-453f-41e9-a363-a5ecb331befb\/h%25c3%25b6egh-lng%25e2%2580%2599s-floating%253cmark%253e-regasification%253c%2Fmark%253e-unit-set-to-dock-in-ain-sokhna-next-week\" style=\"\" rel=\"noopener\">docked in Ain Sokhna<\/a>. <\/p>\n<div class=\"row\">\n<div class=\"col-md-12 subscribe-box-panel\">\n<div class=\"\">\n<div class=\"title\">\n<h4 class=\"fw-lighter mb-10\">   Get <b style=\"font-weight: 700\">Enterprise<\/b> daily   <\/h4>\n<\/p><\/div>\n<p class=\"mb-10\">The roundup of news and trends that move your markets and shape corporate agendas delivered straight to your inbox.<\/p>\n<p>  <a target=\"_blank\" href=\"\/egypt\/en\/user\/NewsLetters\" type=\"button \" class=\"btn-green px-3 d-flex align-items-center\" rel=\"noopener\">Subscribe here<\/a>  <\/div>\n<\/p><\/div>\n<\/p><\/div>\n<p class=\"tag-border-left\">PSA- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>WEATHER- <\/strong>It\u2019s another sunny day in Cairo, with a high of 36\u00b0C and a low of 26\u00b0C, according to our favorite weather app.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a little nicer in Alexandria<\/strong>, with a high of 33\u00b0C and a low of 24\u00b0C.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** DID YOU KNOW that we now cover <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/ksa\/en\" style=\"\" rel=\"noopener\">Saudi Arabia<\/a><\/strong><strong> and the <\/strong><strong><a target=\"_blank\" href=\"https:\/\/enterprise.news\/uae\/en\" style=\"\" rel=\"noopener\">UAE<\/a><\/strong><strong>?<\/strong><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>** Want to subscribe?<\/strong> <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/user\/news-letters\" style=\"\" rel=\"noopener\">Tap or click here<\/a> to get your own copy delivered every weekday before 7am Cairo time \u2014 without charge.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>ICYMI- Missed this week\u2019s Inside Industry? <\/strong>In our weekly vertical exploring all things industry and manufacturing, we looked at the new incentives and regs the state is mulling to boost local industry. Check out the story <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/f5e1f6aa-3840-4c8d-9eac-5fa2a4f92340\/\" style=\"\" rel=\"noopener\">here<\/a>.<\/p>\n<p class=\"tag-border-left\">THE BIG STORY ABROAD- <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It\u2019s a quiet day in the foreign business press. <\/strong>It\u2019s a Monday, to start with \u2014 always slow for business in the West \u2014 and front pages everywhere are dominated by <strong>geopolitical tensions<\/strong>, <strong>elections<\/strong>, and <strong>the Olympics<\/strong>.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Fears of a full-blown war between Israel and Lebanon dominate the front pages this <\/strong><strong>morning<\/strong>, as foreign diplomats and global leaders race to dissuade Israel from a forceful retaliation against Lebanon after Hezbollah allegedly <a target=\"_blank\" href=\"http:\/\/enterprise.news\/egypt\/en\/news\/story\/ac324eec-862c-4c91-89aa-40b6be2234fc\/\" style=\"\" rel=\"noopener\">struck a playground<\/a> in the Israel-occupied Golan Heights, killing 12 Israeli civilians, most of whom were children. Israel and the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/522c5367-f46d-4a21-b448-669cdda16efe\" style=\"\" rel=\"noopener\">White House<\/a> are adamant that Hezbollah is behind the attack, despite the latter denying responsibility. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Israel <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2024-07-28\/israel-hits-hezbollah-for-golan-carnage-but-eyes-truce-talks?srnd=homepage-middle-east\" style=\"\" rel=\"noopener\">attacked<\/a><\/strong><strong> Hezbollah targets yesterday and vowed to further retaliate<\/strong>, with its security cabinet giving the all-clear for the government to decide the \u201cmanner and timing\u201d of its response, <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/middle-east\/israel-vows-hit-hezbollah-hard-after-rocket-kills-12-football-field-2024-07-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a> reports. The US has reportedly warned Israel against retaliation in fear that the situation will \u201cspiral out of control,\u201d <a target=\"_blank\" href=\"https:\/\/www.axios.com\/2024\/07\/28\/us-warned-israel-against-targeting-beirut-hezbollah\" style=\"\" rel=\"noopener\">Axios<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Talks continue on a potential ceasefire in Gaza: <\/strong>Officials including CIA director William Burns, Egyptian intelligence chief Abbas Kamel, and Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani met with Israel\u2019s chief negotiator to hear new demands from the Israeli side. Talks are expected to continue, the <a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/world\/article\/2024\/jul\/28\/global-leaders-try-to-dissuade-israel-from-increasing-attacks-on-lebanon\" style=\"\" rel=\"noopener\">Guardian<\/a> reports. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In elections: US Vice President Kamala Harris\u2019 presidential campaign raised USD 200 mn <\/strong>in its first week (the feat leads the <a target=\"_blank\" href=\"https:\/\/www.ft.com\/content\/5ad46c5c-6289-4af0-91be-121f2809a9e0\" style=\"\" rel=\"noopener\">Financial Times<\/a> and <a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/us\/kamala-harris-campaign-raises-200-million-one-week-2024-07-28\/\" style=\"\" rel=\"noopener\">Reuters<\/a> at dispatch time this morning) and <strong>Venezuelan voters <\/strong><strong><a target=\"_blank\" href=\"https:\/\/www.reuters.com\/world\/americas\/venezuelans-vote-highly-charged-election-amid-fraud-worries-2024-07-28\/\" style=\"\" rel=\"noopener\">took to the polls<\/a><\/strong><strong> yesterday<\/strong> in what is being billed as the country\u2019s most consequential elections in decades. President Nicolas Maduro faces a stiff challenge from the opposition after quarter of a century at the helm. <\/p>\n<p class=\"tag-border-left\">OLYMPICS-<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2296.jpg?ssl=1\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"> <a id=\"wwtt4\"><\/a> <strong>Egypt has taken home its first medal.<\/strong> Egypt\u2019s <strong>Mohamed El Sayed <\/strong>picked up a bronze yesterday, beating Hungary\u2019s Tibor Andr\u00e1sfi in the men's \u00e9p\u00e9e individual. El Sayed lost in the semi-finals to France\u2019s Yannick Borel.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>You can follow Team Egypt <\/strong>through <a target=\"_blank\" href=\"https:\/\/olympics.com\/en\/paris-2024\/schedule\/egypt?day=29-july\" style=\"\" rel=\"noopener\">this schedule<\/a> or by heading over to our <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/9fed306a-c343-4b65-89ea-8009bb653841\/everything-you-need-to-know-about-paris-olympics-2024\" style=\"\" rel=\"noopener\">Paris 2024 Guide<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>The medal table now at the Paris Olympics:<\/strong><\/p>\n<ul>\n<li>Japan (4 golds, 7 total)<\/li>\n<li>Australia (4 golds, 6 total)<\/li>\n<li>United States (3 golds, 12 total)<\/li>\n<\/ul>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Yesterday\u2019s highlight: US gymnast Simone Biles marked her return to the Olympics stage <\/strong><strong>with a spectacular performance<\/strong>, qualifying for the final in first place despite tweaking her left calf. (<a target=\"_blank\" href=\"https:\/\/www.theguardian.com\/sport\/article\/2024\/jul\/28\/biles-battles-through-pain-on-spectacular-olympic-return-with-top-score-in-qualifying\" style=\"\" rel=\"noopener\">The Guardian<\/a>)<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Today\u2019s highlight: It\u2019s a huge day for tennis nerds. <\/strong>Rafael Nadal (Spain) is set to clash with Novak Djokovic (Serbia) at 1pm Cairo time for their 60th showdown, while world number-one Iga Swiatek (Poland) takes on France\u2019s Diane Parry at the same time. There are more than a dozen matches taking place today in total. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Want to see when your favorite sport is on? <\/strong><a target=\"_blank\" href=\"https:\/\/olympics.com\/en\/paris-2024\/schedule\/29-july\" style=\"\" rel=\"noopener\">Check out the official schedule here<\/a>. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><img data-recalc-dims=\"1\" decoding=\"async\" src=\"https:\/\/i0.wp.com\/ent.news\/2024\/5\/2495.jpg?ssl=1\"><\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>*** It\u2019s Blackboard day:<\/strong> We have our weekly look at the business of education in Egypt, from pre-K through the highest reaches of higher ed. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>In today\u2019s issue:<\/strong> We look at what the government is doing to boost dwindling private education investment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Good morning, everyone. It is another busy morning here in Egypt and we don\u2019t expect the news flow to slow down anytime soon as we sit tight awaiting the results of the IMF board\u2019s discussion of our third review. BUT FIRST- Do you want to attend our 2024 Enterprise Finance Forum on 24 September? Seating [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":635290,"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":[7204],"tags":[72,272,74],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-635289","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-what-were-tracking-today","tag-enterpriseam","tag-imf","tag-what-were-tracking-today","wpautop","entry"],"acf":{"mongo_id":"9e27ed67-0e5a-45d0-b840-eb5f360b9301","order":"2","is_powered_by":true,"story_type":"4","photo_url":"https:\/\/ent.news\/2024\/7\/2275.jpg","photo_position":"above","homepage_title":"","full_issue_title":"IMF board discusses Egypt\u2019s third review today","related_issue":[635287],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2024\/7\/.ef865108-cb8b-4115-bac0-7778a4a25f33.mp3"},"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>IMF board discussed our third review today - 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\/2024\/07\/29\/imf-board-discussed-our-third-review-today\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF board discussed our third review today\" \/>\n<meta property=\"og:description\" content=\"Good morning, everyone. It is another busy morning here in Egypt and we don\u2019t expect the news flow to slow down anytime soon as we sit tight awaiting the results of the IMF board\u2019s discussion of our third review. BUT FIRST- Do you want to attend our 2024 Enterprise Finance Forum on 24 September? Seating [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/29\/imf-board-discussed-our-third-review-today\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2024-07-29T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2275.jpg?fit=%2C&ssl=1\" \/>\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=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/29\/imf-board-discussed-our-third-review-today\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/29\/imf-board-discussed-our-third-review-today\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"IMF board discussed our third review today\",\"datePublished\":\"2024-07-29T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/29\/imf-board-discussed-our-third-review-today\/\"},\"wordCount\":1221,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/29\/imf-board-discussed-our-third-review-today\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2024\/7\/2275.jpg?fit=%2C&ssl=1\",\"keywords\":[\"EnterpriseAM\",\"IMF\",\"What We're Tracking Today\"],\"articleSection\":[\"What We're Tracking Today\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/29\/imf-board-discussed-our-third-review-today\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2024\/07\/29\/imf-board-discussed-our-third-review-today\/\",\"name\":\"IMF board discussed our third review today - 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Education Minister Tarek Shawky hit the airwaves last night to sell the program to the nation, and Sahar Nasr is being tapped to have the World Bank expand its\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":588362,"url":"https:\/\/enterpriseam.com\/egypt\/2023\/06\/11\/this-morning-imf-says-talks-are-encouraging-expects-progress-within-weeks-on-economic-reform-agenda\/","url_meta":{"origin":635289,"position":1},"title":"THIS MORNING: IMF says talks are \u201cencouraging,\u201d expects progress within weeks on economic reform agenda","author":"enterpriseam admin","date":"11 June 2023","format":false,"excerpt":"Positive signs on privatization and FX rate stability","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2023\/6\/509.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":638550,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/09\/what-were-tracking-this-week-112\/","url_meta":{"origin":635289,"position":2},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"9 October 2017","format":false,"excerpt":"A large Egyptian delegation will start trickling into Washington, DC, today and tomorrow for the IMF and World Bank annual fall meetings. The gatherings kick off today and run until 15 October. Among those attending are Investment Minister Sahar Nasr, Finance Minister Amr El Garhy, EGX chief Mohamed Farid and\u2026","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":650949,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/02\/01\/imf-delegation-in-cairo-to-begin-review\/","url_meta":{"origin":635289,"position":3},"title":"IMF delegation in Cairo to begin review","author":"enterpriseam admin","date":"1 February 2017","format":false,"excerpt":"An IMF delegation arrived in Cairo yesterday and \u201cis staying two or three days\u201d to begin the review required before the disbursement of a second installment of the IMF funding, according to Reuters. The second installment is worth USD 1.25 bn and, according to the IMF\u2019s proposed schedule, it should\u2026","rel":"","context":"In &quot;What We're Tracking Today&quot;","block_context":{"text":"What We're Tracking Today","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-today\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638488,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/08\/what-were-tracking-this-week-111\/","url_meta":{"origin":635289,"position":4},"title":"What we\u2019re tracking this week","author":"enterpriseam admin","date":"8 October 2017","format":false,"excerpt":"Finance Minister Amr El Garhy and Investment Minister Sahar Nasr are heading to Washington this week to attend the IMF and World Bank\u2019s fall meetings which begin tomorrow. Senior members of the Egyptian business community will also attend, and we expect there will be at least one high-profile investment-promotion event\u2026","rel":"","context":"In &quot;What We\u2019re Tracking This Week&quot;","block_context":{"text":"What We\u2019re Tracking This Week","link":"https:\/\/enterpriseam.com\/egypt\/category\/what-were-tracking-this-week\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":638656,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/10\/11\/what-were-tracking-on-11-october-2017\/","url_meta":{"origin":635289,"position":5},"title":"What we\u2019re tracking on 11 October 2017","author":"enterpriseam admin","date":"11 October 2017","format":false,"excerpt":"The relatively quiet news week continues this morning. 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