IMF’s METAC high-level event concludes in Egypt

The agreement was signed by Egypt’s Minister of Finance Ahmed Kouchouk and METAC Director Holger Floerkemeier.

It represents a continuous collaboration effort between the two parties to improve tax policies, support fiscal policies, and ensure lower debt level sustainability.

METAC key mission
 

METAC’s mission is to deliver tailored, high-quality technical assistance to Middle East countries, particularly those facing instability and fragility, to build resilient institutions and sustainable economies, Jihad Azour, director of the Middle East and Central Asia Department at the IMF, said during the event.

Azour noted that METAC was designed to be a key reform partner and a bridge to IMF headquarters. Through it, he added, the IMF is today making a long-term commitment of resources and expertise to the whole region.

“Over the past two decades, METAC has made a tangible impact across the region in strengthening economic governance, enhancing policy frameworks, and providing the support needed to create a foundation for economic stability and inclusive recovery,” Azour emphasized.