Tuesday 12/November/2024 – 05:01 PM
The Cabinet Media Center confirmed that the Egyptian authorities did not ask the International Monetary Fund to increase the value of the “fourth tranche” to two billion dollars.
The Egyptian authorities did not ask the International Monetary Fund to increase the fourth tranche
The Cabinet Media Center explained that what was circulated by some media outlets, attributed to high-level government officials, that Egypt asked the International Monetary Fund to increase the fourth tranche to $2 billion instead of $1.3 billion, is absolutely incorrect, and does not correspond to the truth and reality. In any connection, he explained that what was published in this context is just a new attempt to create confusion by spreading rumors and lies among citizens.
The Media Center called on all media outlets to ensure accuracy and verify any information from their competent sources before publishing it.
The Cabinet Media Center indicated that the Egyptian authorities are keen on transparency and making information available to citizens immediately, especially regarding the economic reform program supported by the International Monetary Fund.
Dr. Mostafa Madbouly, Prime Minister, had met with Kristalina Georgieva, Executive Director of the International Monetary Fund, on the sidelines of his participation in “COP29” in Azerbaijan. Georgieva expressed her appreciation for the Egyptian state, the government’s efforts, and the successful and tangible steps to implement the economic reform program. And the progress you have made in this context.
