Source: Egyptian Initiative For Personal Rights
Author(s): Salma Hussein, Abdelhamid Mekawy
This is the first report on the implementation of the economic adjustment program, agreed upon
by the Egyptian government and the International Monetary Fund as a condition for Egypt’s
receipt of $12-billion loan under the Extended Fund Facility, to be disbursed in six tranches.
Egypt will receive each tranche of the loan after a team of IMF experts confirm that the Egyptian
government has complied with the terms of the agreement within the specified timetable.
This independent review seeks to track which measures demanded by the IMF have been implemented
by the government and which have not. More basically, it seeks to monitor and analyze
the the socioeconomic impact of the program…
Read the full report by following the original link.