imf says reached initial deal with egypt for 12 bn loan
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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IMF says reached initial deal with Egypt for $12 bn loan

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Arab Today, arab today IMF says reached initial deal with Egypt for $12 bn loan

Cairo - Arab Today

The International Monetary Fund has reached an initial agreement with Egypt for a $12 billion loan over three years, the fund said on Thursday.

The Egyptian government hopes the loan will provide a lifeline amid a dollar shortage, dwindling foreign reserves and an economy battered by years of unrest.

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imf says reached initial deal with egypt for 12 bn loan imf says reached initial deal with egypt for 12 bn loan

 



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imf says reached initial deal with egypt for 12 bn loan imf says reached initial deal with egypt for 12 bn loan

 



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