Egypt Makes Agreement with IMF to Raise Bailout Loan to $8 Billion

Wednesday, 6 March 2024, 10:35

Egypt has successfully negotiated with the International Monetary Fund (IMF) to raise its bailout loan to $8 billion. This move comes after the country floated its currency, signaling its commitment to economic reforms and financial stability. The agreement with the IMF is expected to provide Egypt with the necessary support to navigate through its economic challenges, showcasing international confidence in the country's reform efforts.

https://store.livarava.com/71de071a-dd1b-11ee-b8d7-5254a2021b2b.jpe — Egypt Makes Agreement with IMF to Raise Bailout Loan to $8 Billion

Egypt Strikes $8 Billion Deal with IMF

Egypt has floated its currency and announced a deal with the International Monetary Fund to increase its bailout loan to $8 billion.

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Egypt Strikes $8 Billion Deal with IMF

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