CBE Governor meets international financing institutions officials during IMF meetings

Tarek Amer, the Governor of the Central Bank of Egypt (CBE), had held a series of meetings in Washington and New York before the spring meetings of the International Monetary Fund (IMF) took place on Thursday.

According to a report by the CBE, Amer met with representatives of the management of capital market and investment, in addition to others from the monetary policy in the IMF, in order to discuss the recent economic and political developments and their impact on the Egyptian economy, as well as the ways of cooperation to inject more foreign investments.

Amer and his delegation of officials from the CBE are expected to meet with a group of investment and development banks, most prominently Standard Chartered Bank, Merrill Lynch, City Bank, Bank of America, Goldman Sachs, and African Development Bank, according to the CBE.

The report added that Amer will conclude his visit to America with a lecture in the University of Colombia about the most important aspects of economic reforms adopted by the CBE in its plan to reform banking, which is in line with the structural reforms adopted by the Egyptian government.

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