International Courant
Knowledgeable sources stated on Saturday that the date of the assembly of the chief administrators of the Worldwide Financial Fund (IMF) Within the American capital, Washington, might be decided quickly.
The IMF Julie Kozack spokesperson stated on Friday that the Board of Administrators of the Fund is anticipated to debate the fourth evaluation of the Egypt program within the coming weeks.
Kozack’s statements got here throughout the Assembly of the Board of the Fund to debate the fourth evaluation of this system after the IMF skilled mission had introduced that it had reached an settlement with the Egyptian authorities with regard to the evaluation on December 24.
Based on Kozack, the Board of Administrators will focus on the reform package deal for the financing of resilience and sustainability for Egypt, together with discussing the fourth evaluation.
She added: “It’s not attainable to find out the worth of the financing that Egypt will obtain below the resilience and sustainability facility.”
Based on current information from the IMF, Egypt has to pay US $ 661.6 million to the fund within the present month and the quantity to be paid for January was round $ 252.6 million, or a complete of round $ 914.2 million 2025.
That is when the federal government is ready for the inclusion of Egypt on the agenda of the IMF’s board of administrators to approve the cost of the fourth tranche, within the quantity of $ 1.2 billion, after reaching an settlement on the skilled degree roughly 40 days in the past.
The pinnacle of the planning and finances committee within the Home of Representatives and a former IMF skilled Fakhry al-Fiqi defined that the approval of the mortgage was postponed and the federal government had beforehand anticipated that the fourth tranche of the mortgage can be paid for for The tip of January.
Dubai may also witness the annual assembly between the Worldwide Financial Fund and the Arab Financial Fund, and the Authorities Prime on Tuesday and Wednesday.
Egypt is ready for the ultimate approval on the fourth tranche of IMF -Loening
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