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IMF to begin review Egypt’s loan programme on Tuesday

  • The International Monetary Fund will start reviewing Egypt's loan programme on Tuesday, as stated by Egyptian Prime Minister Mostafa Madbouly.
  • This review could lead to over $1.2 billion in financing, part of a 46-month loan programme approved in 2022, as mentioned earlier this year.
  • Georgieva noted the discussions will address Egypt's economic greening goals and access to the Resilience and Sustainability Facility, aiming for up to an additional $1 billion.
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