IMF Loan Is Egypt’s ‘Strategic Goal’ Not ‘Direly Demand’; Says Saleh

Obtaining the IMF’s loan is not a direly needful demand but a strategic goal for Egypt, said the country’s Investment Minister on Monday.

Minister Osama Saleh stated that if Egypt manages to obtain the International Monetary Fund’s long-awaited loan, it shall mark its economy’s ability to recover and implement reform plans.

“With a little more patience and much of work and production, Egypt will be able to go through the current critical economic challenges.” The Minister noted.

Saleh explained that Egypt’s economy needs support of all the state institutions, notably the media which would work on spreading awareness among the citizens about the necessity of work and production.