IMF and Egypt Reach Initial Deal for $820 Million Disbursement
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The International Monetary Fund announced that its experts reached a preliminary agreement with Egypt, based on which Cairo will receive a loan of $820 million...
·Greece
Read Full ArticleIMF experts and the Egyptian authorities have reached an expert-level agreement on a set of comprehensive policies and reforms needed to complete the third review within the framework of the “Extended Fund Facility” agreement. The International Monetary Fund (IMF) said in a statement that subject to the approval of the Fund's Executive Board, Egypt will be able to obtain about 820 million dollars (618.1 million Special Drawing Rights Units). [..…
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