{"id":647740,"date":"2017-05-18T03:54:24","date_gmt":"2017-05-18T03:54:24","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates\/"},"modified":"2017-05-18T03:54:24","modified_gmt":"2017-05-18T03:54:24","slug":"imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates\/","title":{"rendered":"IMF\u2019s Chris Jarvis with Lamees, Adib on the hunt for 2018 presidential candidates"},"content":{"rendered":"<p>On what was the most boring night on the airwaves this week, the only development of note was substantial: <strong>IMF Egypt Mission Chief Chris Jarvis\u2019 video call with Hona Al Asema\u2019s Lamees Al Hadidi<\/strong>.<\/p>\n<p><strong>The IMF is not throwing us under the bus: <\/strong>Jarvis told Lamees that the IMF was particularly pleased with the Egyptian government\u2019s efforts to cut fuel subsidies over the next three years and push inflation figures down to single digits, implying \u2014 in the most subtle way possible \u2014 that the <strong>Fund will not be pushing Egypt to hike fuel prices come July.<\/strong> Energy subsidy reforms are necessary, Jarvis said, as they will allow the government to better allocate its resources towards health and education.<\/p>\n<p><strong>IMF board to sign-off on the institution\u2019s staff-level agreement with Egypt over the <\/strong><strong>coming weeks: <\/strong>The IMF\u2019s Executive Board is expected to meet in a few weeks\u2019 time to sign off on the second tranche of Egypt\u2019s USD 12 bn bailout package, Jarvis also told Lamees, <strong>encouraged by a strong budget plan for FY2017-18 <\/strong>that outlines clear paths for deficit reduction and promises a primary surplus for the first time in years. Economic reform measures are also expected to reduce sovereign debt this fiscal year, he added, praising efforts to curb inflation and widen the social safety net.<\/p>\n<p>Jarvis also told Lamees that<strong> the EGP float and recently-approved investment and <\/strong><strong>industrial permits acts will also drive growth<\/strong> and improve the overall investment and business climate in the next fiscal year and beyond. (<a href=\"https:\/\/www.youtube.com\/watch?v=hQOZlkUjJqs\">watch<\/a>, runtime: 14:21).<\/p>\n<p>Over on Kol Youm, <strong>a clamorous Amr Adib was on the prowl for presidential candidates <\/strong><strong>for 2018 <\/strong>and seemed as genuinely upset as he is able to mimic over the fact that no one has yet announced their intention to run (<a href=\"https:\/\/www.youtube.com\/watch?v=viTUfh1ec78\">watch<\/a>, runtime: 1:06).<\/p>\n<p><strong>He was quick to get over it though, and moved on to an interview with Portuguese <\/strong><strong>footballer Cristiano Ronaldo\u2019s family<\/strong> that ONTV had filmed earlier in the day at the Giza plateau (<a href=\"https:\/\/www.youtube.com\/watch?v=YOgsTGBpmPw\">watch,<\/a> runtime: 7:54).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>On what was the most boring night on the airwaves this week, the only development of note was substantial: IMF Egypt Mission Chief Chris Jarvis\u2019 video call with Hona Al Asema\u2019s Lamees Al Hadidi. The IMF is not throwing us under the bus: Jarvis told Lamees that the IMF was particularly pleased with the Egyptian [&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":[9281],"tags":[2379,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647740","post","type-post","status-publish","format-standard","hentry","category-enterprise-last-nights-talk-shows","tag-enterprise-last-nights-talk-shows","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"7c6dd076-8f73-4c11-a3e3-22f3c621175a","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647734],"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>IMF\u2019s Chris Jarvis with Lamees, Adib on the hunt for 2018 presidential candidates - 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\/2017\/05\/18\/imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF\u2019s Chris Jarvis with Lamees, Adib on the hunt for 2018 presidential candidates\" \/>\n<meta property=\"og:description\" content=\"On what was the most boring night on the airwaves this week, the only development of note was substantial: IMF Egypt Mission Chief Chris Jarvis\u2019 video call with Hona Al Asema\u2019s Lamees Al Hadidi. The IMF is not throwing us under the bus: Jarvis told Lamees that the IMF was particularly pleased with the Egyptian [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-18T03:54:24+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=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"IMF\u2019s Chris Jarvis with Lamees, Adib on the hunt for 2018 presidential candidates\",\"datePublished\":\"2017-05-18T03:54:24+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates\/\"},\"wordCount\":346,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Enterprise+: Last Night\u2019s Talk Shows\",\"EnterpriseAM\"],\"articleSection\":[\"Enterprise+: Last Night\u2019s Talk Shows\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/imfs-chris-jarvis-with-lamees-adib-on-the-hunt-for-2018-presidential-candidates\/\",\"name\":\"IMF\u2019s Chris Jarvis with Lamees, Adib on the hunt for 2018 presidential candidates - 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Cabinet shuffle rumors still suggest Interior Minister is out; Adib wants to murder his bank teller","author":"enterpriseam admin","date":"23 January 2017","format":false,"excerpt":"A day late and a USD short, Hona Al Assema\u2019s Lamees Al Hadidy reviewed the main highlights of the IMF\u2019s staff report on Egypt\u2019s USD 12 bn facility. CI Capital\u2019s Hany Farahat told Lamees in a call that he saw the statements of the IMF chief of mission in Egypt\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","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":647736,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/what-were-tracking-on-18-may-2017\/","url_meta":{"origin":647740,"position":1},"title":"What we\u2019re tracking on 18 May 2017","author":"enterpriseam admin","date":"18 May 2017","format":false,"excerpt":"We think the International Monetary Fund has told the Ismail government that the world will not end if fuel subsidies aren\u2019t cut on 1 July when consumers are tapped-out after spending on Ramadan and Eid El Fitr \u2014 and in the run-up to an expensive time of year marked by\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":646589,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/19\/egypt-to-remove-caps-on-usd-deposits-entirely-soon-jarvis\/","url_meta":{"origin":647740,"position":2},"title":"Egypt to remove caps on USD deposits entirely soon -Jarvis","author":"enterpriseam admin","date":"19 June 2017","format":false,"excerpt":"The central bank will remove caps on USD deposits entirely in \u201cthe coming months,\u201d IMF Egypt mission chief Chris Jarvis told Al Borsa. Importers of non-essential goods still face a USD 10k per day limit on deposits and can deposit no more than USD 50k per month. The IMF also\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649467,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/03\/01\/second-tranche-of-imf-loan-to-come-in-june-now-visit-has-been-pushed-to-april-jarvis\/","url_meta":{"origin":647740,"position":3},"title":"Second tranche of IMF loan to come in June now visit has been pushed to April - Jarvis","author":"enterpriseam admin","date":"1 March 2017","format":false,"excerpt":"Egypt can expect to receive the second USD 1.25 bn tranche of the USD 12 bn IMF extended fund facility sometime in June after a review that had been set for March was tentatively postponed to April, Egypt mission chief Chris Jarvis tells Al Shorouk. The delegation \u2014 which will\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647525,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/egypt-passes-imf-inspection-and-will-receive-the-second-tranche-of-the-loan\/","url_meta":{"origin":647740,"position":4},"title":"Egypt passes IMF inspection and will receive the second tranche of the loan","author":"enterpriseam admin","date":"14 May 2017","format":false,"excerpt":"Egypt is now just a few signatures away from receiving the second tranche of its USD 12 bn loan from the IMF,after the delegation assessing the country\u2019s economic reform progress gave it a clean bill of health on Friday. The IMF\u2019s executive board will now have to sign off on\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":571019,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/04\/27\/egypts-decision-to-seek-fresh-imf-funding-reigns-supreme-on-the-airwaves\/","url_meta":{"origin":647740,"position":5},"title":"Egypt\u2019s decision to seek fresh IMF funding reigns supreme on the airwaves","author":"enterpriseam admin","date":"27 April 2020","format":false,"excerpt":"The government\u2019s decision to seek IMF funding to help cope with the economic fallout from covid-19 was the chief talking point on the airwaves last night. That being said, the vast majority of talk shows are on their regularly scheduled Ramadan hiatus, leaving only a handful of talking heads to\u2026","rel":"","context":"In &quot;Enterprise+: Last Night\u2019s Talk Shows&quot;","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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647740","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=647740"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/647740\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/647734"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=647740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=647740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=647740"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=647740"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=647740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}