IMF Issues Statement on Fifth and Final Review of Egypt's Economic Reform Program
July 24, 2019
July 24, 2019
WASHINGTON, July 24 -- The International Monetary Fund issued the following statement by David Lipton, acting managing director and chairman:
On July 24, 2019, the Executive Board of the International Monetary Fund (IMF) completed the fifth and final review of Egypt's economic reform program supported by an arrangement under the Extended Fund Facility (EFF). The completion of the review allows the authorities to draw the equivalent of SDR 1,432.76 million (about US$2 billion). . . .
On July 24, 2019, the Executive Board of the International Monetary Fund (IMF) completed the fifth and final review of Egypt's economic reform program supported by an arrangement under the Extended Fund Facility (EFF). The completion of the review allows the authorities to draw the equivalent of SDR 1,432.76 million (about US$2 billion). . . .