Egypt to receive $4bn loan from IMF in 2017 - Minister

By: Ahmed Allam

Cairo – Mubasher: Egypt’s minister of finance, Amr El-Garhy, on Monday said that Egypt is expected to receive a loan of about $4 billion from the International Monetary Fund (IMF) during 2017.

The minister noted, on the sidelines of the Euromoney Conference, that receiving this tranche is bound by the IMF delegation’s periodic review, which is scheduled for November.

 

Translated by: Mai Ezz El-Din

 

 

 

MUBASHER Contribution Time: 18-Sep-2017 13:49 (GMT)
MUBASHER Last Update Time: 18-Sep-2017 13:49 (GMT)