The IMF has financing deals with MENA ‘transition’ countries Jordan, Morocco and Tunisia. It this week released $264mn in funding for Jordan and $225mn for Tunisia following recent reviews of these countries’ programs.
Of the other three countries in the IMF’s latest report: for Yemen the IMF is currently discussing a follow-up to its 2012 program. For Libya, both the IMF and Tripoli “did not see that there was a need for financing” but is “very actively involved in providing technical support and advice.” For Egypt “the [current] government has not asked us for financing support, but we will be ready to consider [it] in the same way that we would for any other member,” The IMF’s Mr Ahmed says. (CONTINUED - 375 WORDS)
