Egypt and IMF Hold Talks


(MENAFN- Saudi Press Agency) An International Monetary Fund delegation was in Cairo Monday for talks on a US $4.8-billion loan to Egypt. President Mohammad Morsi is expected to meet the delegation headed by IMF Middle East and Central Asia director Masood Ahmed, according to a report of DPA. The IMF said the delegation would 'discuss with the authorities the most recent economic developments, their policy plans for addressing Egypt's economic and financial challenges, and possible IMF support for Egypt in facing these challenges.'


Saudi Press Agency

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