Tarek Amer arrives to Washington for IMF-World Bank meetings

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Wed, 11 Oct 2017 - 12:54 GMT

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Wed, 11 Oct 2017 - 12:54 GMT

Tarek Amer, Governor of the Central Bank of Egypt – Press Photo

Tarek Amer, Governor of the Central Bank of Egypt – Press Photo

CAIRO – 11 October 2017: Governor of the Central Bank of Egypt (CBE) Tarek Amer arrived Wednesday to Washington D.C., heading the Egyptian delegation, to attend the annual meetings of the International Monetary Fund (IMF) and the World Bank in the U.S. capital.

Amer is accompanied by deputy CBE governor Lobna Helal and undersecretary of the bank Ramy Aboul Naga, to discuss Egypt’s fiscal policy and the government’s economic reform program, according to an official statement.

Minister of Finance Amr El-Garhy also headed to Washington, along with Deputy Minister of Finance for Fiscal Policies Ahmed Kouchouk and Deputy Minister of Finance for Budget Affairs Mohamed Maeet.

The Egyptian official delegation will discuss the latest updates in the economic reform program and will also arrange the agenda of the IMF’s delegation, which will visit Egypt in October to review and discuss methods of providing technical assistance to Egypt and the Ministry of Finance in the upcoming period, the Ministry said in a Tuesday statement.

Garhy is scheduled to meet IMF managing director Christine Lagarde and director of the IMF's Middle East and Central Asia Department, Jihad Azour, to review the economic developments in Egypt.

The Minister of Finance will also meet World Bank officials to discuss methods of supporting Egypt’s development programs and officials from international rating agencies Moody’s, Fitch and S&P Global.

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