Egypt hopes to agree on a new IMF funding package by the end of March, and is on track to implement the structural reforms still needed to attract foreign investment, its minister of finance Mohamed Maait tells Euromoney.
During informal talks, Egypt has told the International Monetary Fund that it would like to continue a programme of engagement after its three-year $12 billion extended fund facility ends in November, Maait says.
“We have already started talking with the IMF about a future engagement and we have been in informal discussion about what will be the coming engagement, and we have put a target to finish this discussion by end of March,” he reveals.
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