Yellen pledges US support for bolstering Egypt's economy, reforms-Treasury


Reuters | Washington DC | Updated: 10-01-2024 04:23 IST | Created: 10-01-2024 04:23 IST
Yellen pledges US support for bolstering Egypt's economy, reforms-Treasury
  • Country:
  • United States

U.S. Treasury Secretary Janet Yellen voiced U.S. support for bolstering Egypt's economy and economic reforms during a meeting with senior Egyptian finance officials on Tuesday, the Treasury said in a statement.

The meeting with Egyptian Finance Minister Mohamed Maait, Central Bank of Egypt Governor Hassan Abdalla and International Cooperation Minister Raina al-Mashat comes as Egypt is holding discussions on a potential expansion of its $3 billion International Monetary Fund loan program amid economic challenges from the conflict in Gaza.

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