{
  "title": "Press Release: IMF Welcomes Arab Republic of Egypt's Decision to Adopt a Floating Exchange Rate Regime",
  "publication": "IMF News, January 30, 2003",
  "sourceUrl": "https://www.imf.org/en/news/articles/2015/09/14/01/49/pr0312",
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  "summary": "Press Release No. 03/12",
  "publishDate": "2003-01-30",
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    {
      "heading": "Press release metadata",
      "content": "- Press Release No. 03/12\n- January 30, 2003"
    },
    {
      "heading": "Announcement",
      "content": "- The IMF welcomed the decision of the Egyptian authorities to adopt a fully flexible exchange rate regime.\n- Statement issued by Ms. Anne Krueger, First Deputy Managing Director of the International Monetary Fund (IMF)."
    },
    {
      "heading": "Rationale and expected effects (as stated by the IMF)",
      "content": "- \"Such flexibility is important for the continuing efforts of the authorities to introduce structural reforms to promote economic efficiency and to stimulate trade and investment.\"\n- \"It will help to create the necessary climate for promoting sustainable economic growth.\""
    },
    {
      "heading": "IMF stance and policy support",
      "content": "- \"Management and staff of the IMF look forward to continuing our close working relationship with the Egyptian authorities, and remain supportive of Egypt's commitment to market-based reforms.\"\n\nSource: Press Release No. 03/12, January 30, 2003, International Monetary Fund.\n\n---\n\n\n References\n\n- Arab Republic of Egypt and the IMF\n- Press Releases\n- PRESS CENTER\n- https://www.imf.org/en/home\n\nSource: https://www.imf.org/en/news/articles/2015/09/14/01/49/pr0312"
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    "Published: January 30, 2003",
    "Press Release No. 03/12",
    "January 30, 2003",
    "The IMF welcomed the decision of the Egyptian authorities to adopt a fully flexible exchange rate regime.",
    "Statement issued by Ms. Anne Krueger, First Deputy Managing Director of the International Monetary Fund (IMF).",
    "\"Such flexibility is important for the continuing efforts of the authorities to introduce structural reforms to promote economic efficiency and to stimulate trade and investment.\"",
    "\"It will help to create the necessary climate for promoting sustainable economic growth.\"",
    "\"Management and staff of the IMF look forward to continuing our close working relationship with the Egyptian authorities, and remain supportive of Egypt's commitment to market-based reforms.\"",
    "[Arab Republic of Egypt and the IMF](http://www.imf.org/external/country/EGY/index.htm)",
    "[Press Releases](https://www.imf.org/en/news/searchnews)",
    "[PRESS CENTER](http://presscenter.imf.org/)",
    "[https://www.imf.org/en/home](https://www.imf.org/en/home)"
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