#IMF executive board
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…
