Egypt's high level financial delegation reached Peru over participating in the International Monetary Fund (IMF) and the World Bank's annual meetings launched on Friday at Lima, Al-Bawaba News reported. The delegation includes ministers of Finance, Planning, International Cooperation and the governor of Egypt's Central Bank. IMF's expectations signaled to a significant recovery for the Egyptian economy during the next phase due to the improved performance of the European Union as well as the political development witnessed in Egypt, in spite of the high rates of unemployment among youth and women. IMF praised the talks held in Cairo last September regarding the collective economy shuffle to reduce the deficit through a number of structural reforms.
