The report recognized “significant institutional changes in key public governance functions" crediting Egypt with substantial steps in areas such as digital transformation
Egypt’s reform program has drawn praise from global institutions
In April, the IMF revised its forecast to 4.3%, up by 0.2 percentage points from January, marking Egypt as one of the few countries to see growth in the region.
Heiba explained that the reform is part of a broader government plan to simplify regulatory procedures and boost investor confidence, with the new tax regime expected to launch in the coming months
The IMF's support is designed to accelerate decarbonization, strengthen environmental risk management, and assess the impacts of investment plans on Egypt’s climate resilience.