Egypt Requests Imf For $4.8 Billion Loan

Egypt on Wednesday formally asked the International Monetary Fund for a $4.8 billion loan to boost the country's sagging economy, and said it expects to reach a final agreement by the end of the year.

BING NEWS:
  • Egypt, IMF Reach Initial Deal for $1.2 Billion Loan Tranche
    Egypt and the International Monetary Fund reached a preliminary deal that would likely unlock a further tranche of the North African nation’s $8 billion loan.
    12/24/2024 - 5:04 pm | View Link
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