Economic Liberalization, Privatization, and IMF Programs in Egypt (1991–2016)

1. Privatization framework set by Law 203

   Jan 1, 1991Labels: Law 203, Public enterprises

   • Egypt Petroleum
   • AfDB PPER

2. IMF approves Egypt stand-by credit

   May 17, 1991Labels: IMF, Stand-by Credit

   • Washington Post
   • Paris Club

3. Paris Club grants major debt treatment

   May 25, 1991Labels: Paris Club, Debt treatment

   • Paris Club
   • Washington Post

4. ERSAP implementation period begins

   Jul 1, 1991Labels: ERSAP, World Bank

   • AfDB PPER

5. IMF approves 24-month stand-by credit

   Oct 11, 1996Labels: IMF, Stand-by Credit

   • IMF

6. Central Bank law updates financial-sector framework

   Jun 15, 2003Labels: Law 88, Central Bank

   • UNESCWA ALP

7. Ahmed Nazif government takes office

   Jul 14, 2004Labels: Ahmed Nazif, Nazif government

   • Reuters via BR

8. Customs tariff overhaul takes effect

   Sep 9, 2004Labels: Customs reform, Tariffs

   • Reuters via BR

9. Income Tax Law 91 of 2005 issued

   Jun 8, 2005Labels: Income Tax, Tax reform

   • WIPO Lex
   • ETA

10. Banque du Caire privatization halted

    Jun 26, 2008Labels: Banque du, Privatization

    • MEED

11. Major fuel subsidy cuts implemented

    Jul 5, 2014Labels: Fuel subsidies, Subsidy cuts

    • LA Times
    • MEI

12. VAT Law No. 67 of 2016 issued

    Sep 7, 2016Labels: VAT Law, Tax reform

    • KPMG
    • EY

13. IMF approves $12B Extended Fund Facility

    Nov 11, 2016Labels: IMF, Extended Fund

    • IMF
    • World Bank