Economy

IMF’s Georgieva sees completion of Egypt loan reviews in ‘weeks’

28 February 2024, 12:42 pm 1 minute

Reuters exclusively reported that the International Monetary Fund has resolved key issues with Egyptian authorities in a review of its $3 billion loan program and should finalize an augmented financing package within weeks.

Market Impact

The IMF in January cut Egypt’s 2024 growth outlook 0.6 percentage point to 3.0%.

Article Tags

Topics of Interest: Economy

Type: Reuters Best

Sectors: Economy & Policy

Regions: Middle East

Countries: Egypt

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: Text

Customer Impact: Significant National Story

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