Global / Cross country analysis

Egypt: Stability Lays Groundwork for Transformation

Ivanna Vladkova Hollar

September 25, 2024

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In This Episode

With all the instability within the Middle East and North Africa region of late, Egypt has nonetheless managed to reign in soaring inflation and win its largest-ever foreign investment. Egypt’s efforts to restore macroeconomic stability in recent years have led to an arrangement under the IMF’s Extended Fund Facility for Egypt, which makes available US$820 million to help support its reform agenda. Ivanna Vladkova Hollar leads the IMF’s work in Egypt. In this podcast, she says that while stabilizing its economy is positive, Egypt’s next big step is an economic transformation that will lift its private sector. Transcript

Learn more about the IMF’s work in Egypt at IMF.org/Egypt

Ivanna Vladkova Hollar is IMF Mission Chief for Egypt and Division Chief in the Middle East and Central Asia Department.

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International Monetary Fund

Bruce Edwards produces the IMF podcast program. He's an award-winning audio producer and journalist who's covered armed conflicts, social unrest, and natural disasters from all corners of the world. He believes economists have an important role in solving the world's problems and aspires to showcase their research in every IMF podcast.