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Asharq Al-Awsat

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Asharq Al-Awsat

IMF Says Preparing for 1st Review of Egypt Program

International Monetary Fund Egypt the International Monetary Fund

A general view of banks, hotels, office and residential buildings in the center of Cairo, Egypt, September 13, 2018. REUTERS/Amr Abdallah Dalsh

Preparations for the first review of Egypt's economic reform program with the International Monetary Fund have begun and dates for the review mission will be announced when agreed with the authorities, an IMF spokesperson said on Thursday.

The IMF approved in December a $3 billion Extended Fund Facility loan for Egypt.

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