Morocco, Mauritania launch bilateral forum to boost cooperation
Representatives from key sectors, private stakeholders, experts, and civil society gathered for a new Morocco-Mauritania forum, established in 2022 by
IMF Managing Director Kristalina Georgieva urged Egypt to press ahead with reforms during the IMF-World Bank Annual Meetings in Washington, warning that delays would raise repayment costs for citizens. Egypt is considering revising targets set by its bailout program, initially approved for $3 billion in 2022 and raised to $8 billion in March. Conditions included a free-floating currency, cutting food subsidies, tightening monetary policy, and boosting private sector competition. Georgieva emphasized that early action benefits Egypt's economy.
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