Cairo: International Monetary Fund's (IMF) Deputy Managing Director Nigel Clarke reiterated the fund's support for the promising Egyptian economy, emphasizing its potential for further progress, as per a Cabinet statement. During a meeting with Prime Minister Moustafa Madbouly, Clarke commended the Egyptian government for its substantial efforts in implementing its home-grown economic reform programme.

According to State Information Service Egypt, Clarke's remarks highlight the IMF's confidence in Egypt's economic strategy and its potential to drive future growth. The meeting underscored the importance of continued collaboration between the IMF and Egypt to ensure the success of the reform initiatives. Clarke's affirmation of support is seen as a positive step towards bolstering Egypt's economic stability and growth prospects.