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IMF: Demand Transparency for Egypt Military’s Firms
Required Report on State-Owned Enterprises Excludes Military
(Washington) – The International Monetary Fund (IMF) should demand the Egyptian government disclose financial information about military-owned businesses as part of…
The financial dealings of businesses owned by military agencies, which mainly produce civilian goods, are completely shrouded from public view, making them ripe for corruption and…
“Since 2016, the IMF has approved $20 billion of lending to Egypt, with an ostensible goal of bringing much-needed reform to the…