#economic reform
Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), cautioned on Thursday, 24 October, that Egypt’s delay in implementing essential economic reforms risks elevating costs and increasing burdens on its citizens. Speaking at a virtual press briefing during the IMF and World Bank’s Annual Meetings, Georgieva emphasized the need for prompt action to stabilize the Egyptian economy. “Delays in necessary actions have raised costs, which ultimately fall upon the people,” Georgieva remarked, noting that while the IMF remains open…
