#Egypt reforms
The International Monetary Fund announced on Wednesday that its Executive Board has completed the second review of Egypt’s economic reform program, allowing for the release of an additional $US2.03 billion batch of a three-year $US12 billion loan package. The review brings total disbursements to $US 6.08 billion, the IMF said in a statement. IMF’s First Deputy Managing Director and Acting Chair David Lipton stressed that the reform program embarked upon by the Egyptian government is showing good results and that…
