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Central Bank Governor, IMF discuss economic reforms

Businessmen Team news 18 May 2025 04:53 PM
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Central Bank Governor, IMF discuss economic reforms

Governor of the Central Bank of Egypt Hassan Abdallah met with IMF Deputy Managing Director Nigel Clarke and his delegation at the bank's headquarters to discuss Egypt's ongoing economic reform program.

The meeting focused on positive trends in Egypt's economic indicators, highlighting the impact of national economic reforms on growth, investment, and remittances from overseas workers. Discussions also covered the Central Bank and government's collaborative efforts to curb inflation.

The meeting was attended by Dr. Mohamed Maait, Executive Director and Member of the Board of Executive Directors and Representative of the Arab Group and the Maldives at the IMF, Rami Aboul Naga, Deputy Governor of the Central Bank, Tarek El-Khouly, Deputy Governor of the Central Bank, and Mohamed Abu Moussa, Assistant Governor.

The IMF delegation featured Taline Koranchelian, Deputy Director in the Middle East and Central Asia Department, Ivana Vladkova Hollar, Head of the IMF Mission to Egypt, and Alex Segura-Ubiergo, the IMF's Senior Resident Representative in Egypt. Senior leaders from both the Central Bank and the IMF also participated.