Egyptian Minister of Finance Amr El-Garhy will go in London to meet IMF’s authorities to prepare their meeting in Aprile in Egypt to discuss about the second tranche of the loan. This plan was decided the 11 November to sustain Egyptian economy. “We will hold some meetings with various banks to discuss several issues, including investment in treasury bills and bonds,” said El-Garhy. The floatation of the Egyptian currency has created an increase of foreign investments in the country, but also social problems. So globally, Egyptian economy seems to improve his economy at international level, even if this evolution has created negative feedbacks, especially on social matters.
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