Author(s): Amr Adly
Original Link: https://www.madamasr.com/en/2017/03/20/opinion/u/the-imf-as-knee-surgeon-on-a-cancerous-patient/
The International Monetary Fund states that its main mission is to help resolve temporary disruptions to the economic balance of members states, including interventions in the general budget, trade policies and other matters related to financial and fiscal policies, such as interest rates and inflation.
There is no doubt that Egypt suffers from imbalances in all these regards, but this is not a new phenomenon; they have always been a threat to the economy, hence why Egypt has been a client of the IMF for the last four decades….
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