image description
image description

Archives


  • 13-08-16

    IMF to fund Egypt with USD12b

    (MENAFN) The International Monetary Fund (IMF) announced on Friday that it had reached an agreement with Egypt for a $12 billion three-year funding facility to support a government reform program.

    IMF said Egypt's reform program aimed to improve foreign exchange markets and reduce the budget deficit.

    Also, IMF said in a statement that the deal is subject to approval by the IMF executive committee which is expected to consider Egypt's request in the coming weeks.

Follow us

RSS
Terms & Conditions  |  Privacy & Security  |  Contact Us  | Sitemap
© 2024 BBK  |  All Rights Reserved