Faisal Abbas 
Tamer Abdel Hamid, the economist, confirmed that the approval of the International Monetary Fund on the fourth review of the Egyptian Economic Reform Program represents a milestone in the path of the national economy, praising the remarkable progress made by Egypt in the recent period.
Abdel Hamid said, in statements to him, that this approval reflects international confidence in the ability of the Egyptian government to successfully manage the economy, which enhances financial stability and provides an encouraging environment for local and foreign investors alike, noting that the International Monetary Fund has highlighted in its recent reports on many positive indicators, including the low rate of inflation to acceptable levels compared to previous months, as it decreased to 12.5% after it was. The percentage reaches 23.2%.
Abdel Hamid pointed out that this step opens new horizons for financing national projects, and enhances the state’s ability to improve the quality of services provided to citizens, especially in the areas of education, health and infrastructure, and this approval will help accelerate the pace of achieving the sustainable development goals, which the government seeks to achieve within the framework of Egypt’s 2030 vision.
Abdel Hamid also explained that the Egyptian government will continue its efforts to improve the investment climate and enhance financial transparency, which will support the achievement of additional positive results in the coming period, stressing that the next stage requires concerted efforts between the government and the private sector to achieve sustainable development and improve living standards.
Abdel Hamid concluded his statement by emphasizing the importance of unifying economic and social strategies to ensure the achievement of the desired results in all sectors of the state, which will have a tangible impact on the daily life of citizens.
