Egypt, IMF Seek to Set Date for Mission on Delayed Review
- Fund wants to make sure that ‘Egypt succeeds,’ Georgieva says
- Officials see movement in reducing state’s role in economy
Kristalina Georgieva at the annual meetings of the International Monetary Fund and World Bank in Marrakesh, Morocco, on Oct. 12.
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
The International Monetary Fund said it’s in “close engagement” with Egypt to set the dates for discussing a much-delayed review of a $3 billion rescue program, citing recent progress on reforms.
“Our discussions are very much focused on making sure that Egypt succeeds,” Managing Director Kristalina Georgieva told reporters Thursday at the lender’s annual meetings in Morocco.