08 October, 2024
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IMF agrees to increase funding program for Egypt to $8 billion

Prime Minister Mostafa Madbouly announced that Egypt signed an agreement on Wednesday with the International Monetary Fund (IMF) to increase the value of the country’s funding from three billion to eight billion dollars. An agreement was also settled with IMF experts regarding the first and second reviews under the IMF’s Extended Fund Facility (EFF), following …

The post IMF agrees to increase funding program for Egypt to $8 billion appeared first on Egypt Independent.

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