IMF Chief says Egypt on Right Track, Economy will recover

Egypt is on the right track after the government set a plan to meet the economic needs of the State, Managing Director of the International Monetary Fund (IMF) Christine Lagarde said on Wednesday.

Lagarde was speaking to MENA before her departure for Sharm El-Sheikh, where she will take part in the three-day Egypt Economic Development Conference.

She urged the Egyptian government and people to be patient till the economic reforms are accomplished.

Lagarde added that the conference provides an opportunity for the Egyptian government to publicize its plan for facing economic challenges.