IMF deal to help Egypt cope with pandemic fallout

  • Date: 06-Jun-2020
  • Source: Arab Weekly
  • Sector:Economy
  • Country:Egypt
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IMF deal to help Egypt cope with pandemic fallout

"The agreement, which must be finalised by the Fund's executive board, would safeguard economic gains achieved by Egypt over the past three years and put the country on strong footing for a sustained recovery," said Ramakrishnan.. The IMF's rescue aims at safeguarding the gains achieved by Egypt over the past three years and putting the country on strong footing for sustained recovery and higher and more inclusive growth and job creation over the medium term..