Egypt has implemented the IMF's plan; inflation rate high of 33% in February had caused protestations across the country

in BreakingNews @en by

The IMF (International Monetary Dund) will start is review mission to Egypt on 28 April until 8 May. This intervene contemporaneous of the implementation of IMF’s plan to Egyptian economy decided in November. The programme included the introduction of the value-added tax (VAT) law, the reduction of fuel subsidies, and the free flotation of the Egyptian currency.  Egypt has successfully implemented the IMF’s plan however, its due to this application that prices in Egypt has knew a large inflation rate high of 33% in February, which had caused protestations across the country last week.

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