#Flotation
Amid surging inflation and many Egyptians finding it difficult to make ends meet, the International Monetary Fund (IMF) said in a new report on Tuesday that Egypt “is off to a good start” in implementing its new economic reform program. Despite having fallen short on cutting fuel subsidies and balancing its fiscal budget, the country is making progress at curbing public spending, boosting confidence among investors, and addressing the increased inflation rate generated by the new economic measures. The promising…
