Macro-Economic Stabilization Reform   2

The United States Government (USG) represented by the U.S. Agency for International Development (USAID)/Egypt, seeks to develop and implement a program to support the Government of Egypt (GOE) reform efforts included in the GOE agreement with the International Monetary Fund (IMF). These reforms address the macroeconomic imbalances that impacted negatively on the ability of enterprises to grow and become more competitive. More specifically, the purpose of the Macro-economic Stabilization & Reform (MESR) Activity is to support the GOE in : 1) implementing the fiscal consolidation component of the reform plan through upgrading Public Financial Management (PFM) to address the root source of Egypt's macroeconomic imbalances and instability and 2) improving public investment planning, management, implementation, and monitoring to enhance the productivity of public capital assets and the efficiency and effectiveness of public services.