PM receives report on visit of IMF delegation

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Thu, 03 May 2018 - 03:25 GMT

The International Monetary Fund logo is seen inside its headquarters at the end of the IMF/World Bank annual meetings in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas

The International Monetary Fund logo is seen inside its headquarters at the end of the IMF/World Bank annual meetings in Washington, U.S., October 9, 2016. REUTERS/Yuri Gripas

CAIRO - 10 May 2018: Prime Minister Sherif Ismail received a report from Finance Minister Amr el-Garhy on the visit of delegation representing the International Monetary Fund (IMF).

The IMF delegation will carry out the third revision of the economic reform program.

The report takes up the joint conference between the cabinet and the IMF that will kick off on Sunday under the rubric " Comprehensive growth conference and creating job opportunities".

During his meeting with the premier, Garhey reviewed a comprehensive report on the development of State's general budget performance during 2017/18.

He stressed that the total tax revenues during April 2018 will exceed LE 60 billion compared to LE 43.5 billion in April 2017.

The report reflected growth in various productive sectors and significant improvement in most of the indicators including increase of the cash reserve

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