IMF and Egypt attain staff-level settlement value $820 million

World Courant

The Worldwide Financial Fund (IMF) introduced on Thursday that it has reached an settlement at employees stage with the Egyptian authorities on a set of complete insurance policies and reforms obligatory to finish the third evaluate beneath the Prolonged Fund Facility (EFF) scheme.

Topic to approval by the IMF Board of Governors, Egypt can have entry to about $820 million, an IMF assertion mentioned.

The assertion comes shortly after a delegation from the fund concluded a two-week go to to Cairo.

IMF and Egypt attain staff-level settlement value $820 million

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