Egyptian Prime Minister Mustafa Madbouly announced that the fourth review of Egypt's loan program by the International Monetary Fund (IMF) is scheduled for Tuesday.
Publish dateTuesday 5 November 2024 - 12:40
According to Amac News: Madboli made these statements on Sunday in a press conference attended by Kristalina Georgieva, the managing director of the International Monetary Fund.
Georgieva noted at the conference that Egypt's inflation reached 37 percent in 2023, but has dropped to 25-26 percent.
Emphasizing that Egypt is creating more job opportunities through the private sector, he emphasized that the International Monetary Fund intends to support the prosperity of this sector in order to provide enough job opportunities for millions of young people who enter the labor market every year.
In addition, Georgieva projected GDP growth to reach 4.2 percent in fiscal year 2025.
Georgieva noted at the conference that Egypt's inflation reached 37 percent in 2023, but has dropped to 25-26 percent.
Emphasizing that Egypt is creating more job opportunities through the private sector, he emphasized that the International Monetary Fund intends to support the prosperity of this sector in order to provide enough job opportunities for millions of young people who enter the labor market every year.
In addition, Georgieva projected GDP growth to reach 4.2 percent in fiscal year 2025.
amacnews.com/vdca.on6k49noagt14.html
Source : news agency wam
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