Egypt’s Finance Min. Optimistic Ahead of IMF Mission’s Visit to Review Egypt’s Economic Reforms

News Agencies

Egypt’s Finance Minister, Ahmed Kouchouk, expressed optimism about constructive discussions during the upcoming visit from the International Monetary Fund (IMF) mission, which will conduct the “fourth review” of Egypt’s economic reform program. He underscored the importance of continued coordination with international institutions to improve the investment climate, implement targeted tax facilitation measures, and enhance the business environment while promoting social protection and human development.

 

Kouchouk recently concluded his participation in the annual meetings of the IMF and World Bank in Washington, where he engaged in discussions at G20 gatherings, held bilateral meetings with international counterparts, and attended ministerial meetings with the IMF’s Managing Director for the Middle East and Africa. He also participated in sessions organized by major international investment banks, connecting with investors and rating agency representatives.

 

During his visit, Kouchouk met with key international organizations, including the IMF and World Bank, to present Egypt’s latest economic developments and discuss strategies for sustaining economic stability. He highlighted Egypt’s positive economic indicators, efforts to enhance debt management, and the government’s strategy to reduce debt levels. Additionally, he emphasized the structural reforms aimed at creating a favorable business environment to attract both local and foreign investments.

 

Kouchouk noted that international investors responded positively to Egypt’s fiscal and economic reform plans, showcasing the country’s diverse investment opportunities and financial targets for the future.

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