Published 1 year ago

Egypt says to receive US$1 billion from IMF loan soon - Egypt Independent

Summary by Ground News

Finance Minister Mohamed Maait said that the loan agreed upon with the International Monetary Fund (IMF) amounting to about three billion dollars, will be obtained within four years. The IMF arrangement is expected to catalyze a large multi-year financing package, including about five billion dollars in FY2022/23.

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Egypt Independent

Egypt says to receive US$1 billion from IMF loan soon - Egypt Independent

Egyptian Finance Minister Mohamed Maait said that the loan agreed upon with the International Monetary Fund (IMF) amounting to about three billion dollars, will be obtained within four years, and about one billion dollars will be received soon, following the approval of the Executive Board of the fund managers in December.

1 year ago·Cairo, Egypt

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Egypt says to receive US$1 billion from IMF loan soon - Egypt Independent

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Egypt says to receive US$1 billion from IMF loan soon - Egypt Independent

Egypt says to receive US$1 billion from IMF loan soon - Egypt Independent

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