Financial and Banking News
Egypt And The IMF Move Towards Agreement On Second Reform Program
Egypt will soon send a letter of intent to the IMF detailing the policieswhich it would implement as part of a second economic reform program. Once theFund's Managing Director, Mr. Michel Camdessus, has received the letter, theFund's executive board can begin formal deliberations on whether to agree asecond program. Egypt successfully completed an 18 month...