{"id":325083,"date":"2022-03-31T14:38:19","date_gmt":"2022-03-31T14:38:19","guid":{"rendered":"https:\/\/egy-africa.com\/en\/?p=325083"},"modified":"2022-03-31T14:38:19","modified_gmt":"2022-03-31T14:38:19","slug":"imf-welcomes-egypts-quick-esponse-to-russia-ukraine-war-economic-shockimfs-georgieva-welcomes-egypts-quick-esponse-to-russia-ukraine-war-economic-spillovers","status":"publish","type":"post","link":"https:\/\/egy-africa.com\/en\/2022\/03\/31\/imf-welcomes-egypts-quick-esponse-to-russia-ukraine-war-economic-shockimfs-georgieva-welcomes-egypts-quick-esponse-to-russia-ukraine-war-economic-spillovers\/","title":{"rendered":"IMF welcomes Egypt\u2019s quick esponse to Russia-Ukraine war economic shock"},"content":{"rendered":"<p>International Monetary Fund\u2019s (IMF) Managing Director Kristalina Georgieva has welcomed Egypt\u2019s swift response to \u201chead off the balance of payment shock and impact of rising food prices\u201d caused by Russia\u2019s war in Ukraine.<\/p>\n<p>During her meeting with Egyptian Minister of Finance Mohamed Maait on the sidelines of the World Government Summit in Dubai, Georgieva said the fund would \u201csupport a programme that helps to buttress reserves, protect the vulnerable, and strengthen private sector-led growth.\u201d<\/p>\n<figure id=\"attachment_122045\" class=\"wp-caption alignleft\" aria-describedby=\"caption-attachment-122045\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"wp-image-122045 size-medium lazyloaded\" src=\"https:\/\/i0.wp.com\/en.amwalalghad.com\/wp-content\/uploads\/2022\/03\/Georgieva-and-Maait-300x200.jpg?resize=300%2C200&#038;ssl=1\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" srcset=\"https:\/\/en.amwalalghad.com\/wp-content\/uploads\/2022\/03\/Georgieva-and-Maait-300x200.jpg 300w, https:\/\/en.amwalalghad.com\/wp-content\/uploads\/2022\/03\/Georgieva-and-Maait-1024x682.jpg 1024w, https:\/\/en.amwalalghad.com\/wp-content\/uploads\/2022\/03\/Georgieva-and-Maait-768x512.jpg 768w, https:\/\/en.amwalalghad.com\/wp-content\/uploads\/2022\/03\/Georgieva-and-Maait.jpg 1280w\" alt=\"\" width=\"300\" height=\"200\" data-ll-status=\"loaded\" \/><figcaption id=\"caption-attachment-122045\" class=\"wp-caption-text\">International Monetary Fund\u2019s (IMF) Managing Director Kristalina Georgieva and Egyptian Minister of Finance Mohamed Maait on the sidelines of the World Government Summit in Dubai on Wednesday, March 30, 2022<\/figcaption><\/figure>\n<p>&nbsp;<\/p>\n<p>\u201cThe IMF will remain supportive to Egypt to continue its economic reform programme. We are in talks with the Egyptian authorities for a new programme for the country that aims at support the structural reforms Egypt is executing,\u201d the IMF official added.<\/p>\n<p>Georgieva also hailed at her opening remarks at the summit Egypt\u2019s steps for investing in modern irrigation techniques, education, and healthcare, citing these efforts as \u201cpositive examples of prioritizing high-value, \u2018no-regrets\u2019 risk management measures justified under all plausible future climate scenarios.\u201d<\/p>\n<p>Meanwhile, Maait told Georgieva that Egypt\u2019s government is committed to achieving financial discipline, keeping the sustainability of the country\u2019s economic indices, and maintaining the positive real GDP growth.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>International Monetary Fund\u2019s (IMF) Managing Director Kristalina Georgieva has welcomed Egypt\u2019s swift response to \u201chead off the balance of payment shock and impact of rising food prices\u201d caused by Russia\u2019s war in Ukraine.<\/p>\n","protected":false},"author":4,"featured_media":321054,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[33],"tags":[221],"class_list":["post-325083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-main","tag-international-monetary-fund-imf"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>IMF welcomes Egypt\u2019s quick esponse to Russia-Ukraine war economic shock - egy-africa<\/title>\n<meta name=\"description\" content=\"International Monetary Fund\u2019s (IMF) Managing Director Kristalina Georgieva has welcomed Egypt\u2019s swift response to \u201chead off the balance of payment shock and impact of rising food prices\u201d caused by Russia\u2019s war in 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