Home News IMF lends $2 billion more to Egypt

IMF lends $2 billion more to Egypt

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International Monetary Fund (IMF) announced on Monday that it would lend Egypt an additional $2 billion within the scope of the 3-year loan programme.

IMF has landed $10 billion to Egypt since 2016.

The programme started in 2016 in five tranches after Egypt agreed to make economic reforms including the introduction of a value-added tax.

 

 

 

 


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