Egypt designs post-IMF economic plan

The Egyptian government is working on preparing a new national economic program after the completion of the economic reform program with the International Monetary Fund. The aim is to identify the priorities of the economy for the upcoming phase. The program is intended to focus on improving resource utilization, reducing external debt burdens, stimulating direct investment, and developing productive sectors such as industry and agriculture, while supporting the tourism sector and enhancing exports. The program includes specific objectives and clear monitoring mechanisms. The current reviews will be completed to enable the disbursement of approximately $1.6 billion in IMF support, with an emphasis on focusing on production and debt management to achieve sustainable growth.

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