IMF Urges Egypt to Speed Up Privatization Efforts During Review Talks

The International Monetary Fund is urging Egypt to speed up a long-running plan to divest from state assets, a cornerstone of an $8 billion program that helped the North African nation emerge from its worst crisis in decades. Progress in privatization is crucial in enhancing Egypt’s economic resilience and attracting investment. The IMF is emphasizing the importance of accelerating these efforts to strengthen the country’s financial position and continue its path towards recovery.