Cairo – Mubasher: Egypt is expected to receive the fourth tranche of the International Monetary Fund’s (IMF) $12-billion loan programme next June, finance minister Amr El-Garhy said in an interview on DMC TV.
The inflation rate is likely to fall to 13% ahead of the end of 2018, the minister added.
Given that the Central bank of Egypt (CBE) had received the third tranche worth $2 billion of the IMF loan last December.
