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KM Financial Solutions | UPDATE 1-IMF urges Egypt to maintain tight monetary policy to ward off inflation
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UPDATE 1-IMF urges Egypt to maintain tight monetary policy to ward off inflation

01 Jul UPDATE 1-IMF urges Egypt to maintain tight monetary policy to ward off inflation

Posted at 20:47h in News by
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CAIRO, July 2 (Reuters) – Egypt should maintain tight
monetary policy to contain the risk of inflation as a result of
fuel and electricity subsidy cuts, the International Monetary
Fund said on Monday, in a statement that praised progress on
reforms tied to a new $2 billion loan.

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