International Monetary Fund (IMF)

The International Monetary Fund (IMF) is an international financial organization headquartered in Washington, D.C., United States. Established in 1944, the IMF aims to promote global economic growth and financial stability, encourage international trade, and reduce poverty around the world.

Location

The headquarters of the IMF is located in Washington, D.C., at 700 19th Street NW. This central location places it at the heart of global economic decision-making.

Financial Indicators and Support to Egypt

One of the significant financial engagements of the IMF has been with Egypt, where the IMF has provided an $8 billion loan agreement. This financial support is vital for Egypt’s economic reforms, which are central to the country’s economic stabilization and growth efforts.

Important Events

The loan agreement with Egypt is part of the IMF's larger program to support nations with their economic reforms. For Egypt, the focus has been on restructuring its economy to promote sustainable growth and reduce its fiscal deficit. The agreement is intended to support Egypt's currency valuation, control inflation, and improve its public finances.

Under this program, Egypt has implemented several economic reforms, including subsidy reductions, tax changes, and the liberalization of the exchange rate.

Company Plans

The IMF plans to continue its support of global economic stability through programs and financial assistance geared towards structural reforms, financial sector assessment, and fiscal policy advice. For countries like Egypt, the IMF's continued involvement and financial assistance are crucial factors in maintaining economic stability and achieving sustainable development goals.

Sources for key data points in this report include the official IMF website and recent international economic reports that align with the strategic priorities of the IMF and its members.

Modified: 2025/02/04

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