Although he acknowledged that loans are not a true representation of a country’s reserves, he said that taking these loans would help postpone the issue long enough to allow Egypt to achieve real economic recovery (AFP Photo)

Al-Sisi’s government engineers bold reforms, more structural adjustment required: IMF

Foreign investors applaud removal of subsidies, VAT, liberalised exchange rate, investment and banking reform, but demand more liberalisation policies from the Egyptian government

Dailynewsegypt
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