Quoting CNN - Mark of the International Monetary Fund, the Egyptian economy has opportunities «promising» to rise again, after he suffered serious losses as a result of the repercussions of revolution of January 25.
At the end of her visit to Egypt, confirmed the IMF mission that the economic potential of the medium-term Tbcherbalkhir in Egypt, but warned that «to maintain macroeconomic stability, social cohesion,Amid modest growth prospects in the short term, and the weakness of the external environment, remains a difficult challenge ».
The mission welcomed, in a statement reported by Middle East News Agency, the progress made by Egypt, in the preparation of a national strategy to address these challenges, and implement a comprehensive action plan for growth and job creation, asExpressed the aspiration of the International Fund to continue to work with the Egyptian authorities.
And ended the IMF mission, headed by the Deputy Director of Central Asia and the Middle East, «Ratna Sahi», a visit to Egypt took about a week, at the request of Egypt, to take advantage of recent economic developmentsAnd assessment of funding needs.
The interim government has said recently that the volume of investment needed by Egypt from abroad, up to $ 12 billion over the next two years, including a billion dollars for the current budget, ten billion to balance next year.
According to government sources, foreign direct investment fell to the lowest level, and may have reached zero degrees, while the continuing depletion of foreign savings.
The tourism industry, which employs about one million of Egypt, which dropped to unprecedented levels as a result of the events, which are still receiving the repercussions on the Egyptian street
At the end of her visit to Egypt, confirmed the IMF mission that the economic potential of the medium-term Tbcherbalkhir in Egypt, but warned that «to maintain macroeconomic stability, social cohesion,Amid modest growth prospects in the short term, and the weakness of the external environment, remains a difficult challenge ».
The mission welcomed, in a statement reported by Middle East News Agency, the progress made by Egypt, in the preparation of a national strategy to address these challenges, and implement a comprehensive action plan for growth and job creation, asExpressed the aspiration of the International Fund to continue to work with the Egyptian authorities.
And ended the IMF mission, headed by the Deputy Director of Central Asia and the Middle East, «Ratna Sahi», a visit to Egypt took about a week, at the request of Egypt, to take advantage of recent economic developmentsAnd assessment of funding needs.
The interim government has said recently that the volume of investment needed by Egypt from abroad, up to $ 12 billion over the next two years, including a billion dollars for the current budget, ten billion to balance next year.
According to government sources, foreign direct investment fell to the lowest level, and may have reached zero degrees, while the continuing depletion of foreign savings.
The tourism industry, which employs about one million of Egypt, which dropped to unprecedented levels as a result of the events, which are still receiving the repercussions on the Egyptian street
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