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English news

15-Aug-2016

IMF to work with Egypt to secure remaining financing

The International Monetary Fund (IMF) will be looking for commitment of cUSD5-6bn from bilateral creditors before the programme is brought to the board in order to ensure that the programme is fully financed, Egypt Mission Chief, Chris Jarvis, said. All IMF-supported programmes have to be fully financed, he explained. (Bloomberg)

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