Egypt, IMF to meet

Source:AFP Published: 2013-1-5 23:21:01

A senior official in the International Monetary Fund (IMF) will meet Egyptian president and other top officials on Monday to discuss Cairo's request for a $4.8 billion loan, a major state-run Egyptian newspaper reported on Saturday.

The IMF loan is seen as crucial to easing Egypt's budget deficit and an economic slump caused by the turmoil that followed the popular uprising that ousted president Hosni Mubarak in February 2011.

AFP
 

 



Posted in: Economy

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