Key Highlights of the IMF’s 4th Review
Published: 11th April 2019
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On April 6th 2019, the International Monetary Fund (IMF) published the results of the fourth review under the Extended Fund Facility (EFF). The report broadly marked a fourth vote of confidence in the performance of the Egyptian economy, highlighting improving macroeconomic indicators and government commitment to reforms (which were mostly structural this time) as underpinning drivers of the results achieved. Moreover, the report casts a favorable outlook, expecting further improvement in Egypt’s macroeconomic performance, conditional upon continued strong commitment to the government’s structural reform agenda.
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