IMF: Egypt achieved notable financial stability, enhanced investment climate

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Thu, 23 Nov 2017 - 11:57 GMT

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Thu, 23 Nov 2017 - 11:57 GMT

Jihad Azour, the director of the IMF’s Menap area, was a former Lebanese finance minister. Victor Besa for The National - REUTERS

Jihad Azour, the director of the IMF’s Menap area, was a former Lebanese finance minister. Victor Besa for The National - REUTERS

BEIRUT - 23 November 2017: Director of the Middle East and Central Asia Department at the International Monetary Fund (IMF) Jihad Azour said Egypt has achieved a notable financial stability and boosted its investment climate.

Addressing the 23rd Annual Arab Banking Conference, which kicked off here on Thursday, Azour praised the economic reforms which have recently carried out by the Egyptian government.

The conference is held under the title of "A Twinning Partnership: Reconstruction and Development' and runs for two days.

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