The International Monetary Fund Lauds Efforts by the Government of Egypt to Combat Pandemic

A report released by the International Monetary Fund (IMF) was affirmed and commented upon by Egypt’s Prime Minister, Mostafa Madbouly, and Egypt’s Minister of Finance, Mohamed Maait, on the 31st of January 2021. The report cited positive reviews of Egypt’s economic progress and the Government of Egypt’s battle with the repercussions of the COVID-19 crisis.

Maait noted that the Government had provided the largest amount of protection and support measures to the most vulnerable groups within the country, including the informally employed, small and medium-sized enterprises. In addition, aid was also directed to the most affected economic sectors, including the tourism and civil aviation industries. The Government’s positive effort to work on enhanci...