Financial and Banking News
BUDGETS AND REVENUES
Egypt On Course for Second Tranche of Paris Club Debt Forgiveness
After the successful conclusion of the second and final review of its currentIMF-sponsored economic reform program, Egypt is now well on the way to winningthe second tranche of debt forgiveness from the Paris Club of officialcreditors. The IMF's executive board signaled its approval of Egypt'simplementation of the program at a meeting on 18 March.