- The International Monetary Fund expects Egypt to obtain financing worth $639 million from the sale of two other government assets in the second quarter of 2024, after the IMF Board of Directors completed the long-awaited first and second reviews of the Egyptian financing agreement. The agreement was recently increased to 8 billion dollars.
- It is worth noting that the economic reform program presented by the government to the International Monetary Fund included a number of commitments that the government and the Central Bank pledged, the most important of which is achieving equal opportunities between the public and private sectors by working to stop the tax exemptions enjoyed by state companies, leading to ensuring that they pay... These companies charge the same electricity and water prices as private companies.
