IMF Issues Statement on Extended Credit Facility Review for Egypt
May 17, 2018
May 17, 2018
WASHINGTON, May 17 -- The International Monetary Fund issued the following statement by team leader Subir Lall during a visit to Egypt, on May 2-17 to conduct the third review of the program supported by an Extended Credit Facility:
"The IMF staff team and the Egyptian authorities have reached a staff-level agreement on the third review of Egypt's economic reform program, which is supported by the IMF's SDR 8.597 billion (about $12 billion) arrangement. The staff-leve . . .
"The IMF staff team and the Egyptian authorities have reached a staff-level agreement on the third review of Egypt's economic reform program, which is supported by the IMF's SDR 8.597 billion (about $12 billion) arrangement. The staff-leve . . .