Egypt secures USD 5.2 billion IMF loan amid coronavirus fallout

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Egypt secures USD 5.2 billion IMF loan amid coronavirus fallout Egypt had been one of the fastest-growing emerging markets in the world before the pandemic. Now, the IMF warned, disruptions “have worsened the economic outlook and reshuffled policy priorities.” There was no immediate comment from the Egyptian government on the loan#39;s approval.

from Moneycontrol Latest News https://ift.tt/31mB6lq

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