Middle East Economic Survey


No 26



IMF Praises New Direction Of Egypts Economic Reform Program

The IMF has praised what it describes as the clear change in direction of economic policies in Egypt since its 2004 article IV consultations and the appointment of the pro-reform cabinet led by Prime Minister Nazif. In its latest article IV consultations, concluded on 18 May, the IMF said that the new economic team had moved aggressively on key structural reforms in the...