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IMF Conditions for Egypt to Unlock $274 Million includes Fuel Subsidy Cuts, Accelerated Privatization
Summary by Sada El Balad
1 Articles
1 Articles
IMF Conditions for Egypt to Unlock $274 Million includes Fuel Subsidy Cuts, Accelerated Privatization
The International Monetary Fund (IMF) has tied the disbursement of $274 million to Egypt, under the Resilience and Sustainability Facility (RSF), to two key reforms: advancing the government’s privatization program and cutting fuel subsidies.
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