The IMF has approved the 5th and penultimate $2bn tranche of a 2016, $12bn loan agreement with Egypt, following the fourth review of the country’s finances (MEES, 4 November 2016). Payment, initially due at the end of 2018, is due to be made in the coming days according to Finance Minister Muhammad Maait.
In an upbeat 5 February commentary to mark the end of the IMF’s latest review, the Fund says Egypt’s “macroeconomic outlook remains favorable, supported by strong...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!