10. April 2024

IMF official says Ras al-Hikma deal recognizes the potential of Egypt’s economy to generate additional tourism revenues

The head of the International Monetary Fund (IMF) mission in Egypt, Ivanna Vladkova Hollar, said that the deal with Ras al-Hikma, which is worth $35bn, will ease pressure on the balance of payments if used prudently. (10.04.2023, Egypt Independent)