The International Monetary Fund (IMF) is set to release its latest global economic forecasts in July, according to Julie Kozack, an IMF spokesperson. The updates will consider recent economic developments, including tariff agreements between the U.S. and China. Kozack also mentioned ongoing virtual discussions for the fifth review of Egypt’s economic reform program. She highlighted Egypt’s notable progress in economic reforms, particularly in foreign currency reserves. Discussions between the IMF team and Egyptian authorities have been productive, focusing on policy reforms to further empower the private sector and ensure fair competition. These efforts aim to enhance the private sector’s role in driving economic growth.
— new from Hapi Journal
