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IMF aims for Egypt’s last program review to be cleared by mid December

Sofia Cheung
Sofia Cheung
Sofia Cheung
Reporter · Fargo, ND

Sofia Cheung is a dedicated community reporter with a focus on social issues affecting the Fargo area. A graduate of North Dakota State University, she has spent the last four years reporting for local networks, ensuring that underrepresented voices are heard.

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Reporter · Thursday, October 29, 2026 at 3:33 PM · 1 min read
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IMF aims for Egypt’s last program review to be cleared by mid December — Horace Community news

Oct 29 (Reuters) The International Monetary Fund said on Thursday its current ​mission to Egypt aims ‌to reach a staff-level agreement and bring it to its executive board for approval ‌before mid-December. The ​mission is in ⁠place for ⁠the final review of the current programs, which end on December 15. Discussions are ​going to focus on maintaining a tight monetary ⁠policy, maintaining ⁠the fiscal consolidation plan, ​and of course all of ​this is aimed at ‌preserving the macroeconomic stability that Egypt has fought hard to achieve, said ⁠Julie Kozack, the fund s director of communications, in a scheduled briefing. She ⁠said ‌structural reforms remain ⁠a central part of ​the ‌conversation. The goal of these ​reforms ⁠is to support stronger, more private sector-led growth in Egypt, Kozack said. (Reporting by Rodrigo Campos in and ​Andrea Shalal)

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