A report by (IMF): the Egyptian Central Bank is leading the process of transforming a major economy in Egypt

Jihad Azour

Cairo - Eco - Fady Labib : A report by the International Monetary Fund (IMF) confirmed that the Egyptian Central Bank is leading the process of transforming a major economy in Egypt and taking measures that were courageous and led to putting the Egyptian economy on the right track ...

For his part, Jihad Azour, director of the Middle East and Central Asia Department of the International Monetary Fund, said that the financial and monetary situation in Egypt has improved significantly after a big step from the first phase of economic reform led by the central bank and focuses on monetary and financial reform. Which can be seen in the great improvement in the exchange market and the movement of cash flows and the disappearance of the black market of the dollar and the improvement of exports and tourism revenues and remittances of Egyptians working abroad.