Egypt signs with IMF extended USD8 billion loan
On 6 March, Egypt signed the long-awaited loan agreement with the International Monetary Fund (IMF), Prime Minister Mostafa Madbouly announced in a press conference. The announcement came a few hours after the Central Bank of Egypt announced its decision to free the exchange rate against the Egyptian pound, leaving it to the market supply and … Continue reading Egypt signs with IMF extended USD8 billion loan
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