Government: Announcing the details of the agreement with the IMF in the near future

Government: Announcing the details of the agreement with the IMF in the near future

Hadeel Hilal

Published on: Monday, February 12, 2024 – 7:51 PM | Last updated: Monday, February 12, 2024 – 7:51 PM

Counselor Muhammad Al-Homsani, spokesman for the Council of Ministers, said that “discussions are still continuing with the International Monetary Fund regarding the new financing program,” stressing that “the developments are positive.”

He added, during a phone call to the “Hazrat Al-Citizen” program, presented by journalist Sayed Ali on “Al-Hadath Al-Youm” satellite channel, on Monday evening, that consultations are still ongoing between the two sides, pointing out at the same time that all the details of the program will be announced soon after finalizing the agreement. .

He pointed out that “the participation of Dr. Mostafa Madbouly, Prime Minister, in the World Government Summit in the capital, Dubai, aims to present visions and ideas about international economic challenges and ways to confront them, taking into account the impact of current challenges on developing countries, including Egypt.”

He pointed out that “participation aims to anticipate the future in the field of governance, technology, sustainable and comprehensive development, and others,” explaining that Madbouly held several meetings on the sidelines of his participation in the summit, with the Director of the World Bank, the Director of the International Monetary Fund, and the Emirati Prime Minister Sheikh Mohammed bin Rashid.

He stated that “the meetings aim to follow up and support relations between Egypt and international partners and sister countries, especially the UAE, in addition to discussing existing areas of cooperation and how to push them forward, especially trade and tourism exchange and attracting foreign investments.”


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