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Egypt Receives $3 Billion IMF Loan, Another $6 Billion Could Follow

NEWSROOM by NEWSROOM
October 27, 2022
in HEALTH
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Egypt Receives $3 Billion IMF Loan, Another $6 Billion Could Follow

Image Credit: Egypt Independent

As of 27 October 2022, the International Monetary Fund (IMF) and Egypt have reached an agreement for EGP 68 billion (USD 3 billion), according to an IMF press release.

The loan comes in the form of a staff-level agreement to implement comprehensive economic policies and reforms for a…



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