IMF's loan is credit facility, not widely open
Chairman of the Egyptian Financial Supervisory Authority (EFSA) Sherif Samy
Cairo - MENA
Chairman of the Egyptian Financial Supervisory Authority (EFSA) Sherif Samy on Saturday said the loan recently approved by the International Monetary Fund (IMF) to Egypt is considered a credit facility and not widely opened.
Samy told MENA Egypt is obliged to apply certain conditions for the use of the loan.
He expected the country would take some measures, including the rationalization of the budget deficit, achieving geographical growth, and launching initiatives for youth and employment.
The EFSA chairman added that Egypt will receive the next premiums just after reviewing that the country carried out its commitments
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Bucharest - SANA
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Moscow - TASS
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London - DPA
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Spain - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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