IMF praises Egypt’s financial stability despite the war 

RIYADH: Egypt has maintained financial stability despite spillovers from the war in the Middle East, supported by exchange rate adjustments and tighter macroeconomic policies, the International Monetary Fund said. Speaking at a press briefing on April 15, IMF Managing Director Kristalina Georgieva said the country’s reforms have helped it absorb external pressures, even as regional tensions weigh on economic conditions.

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