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Finance Minister Mohamed Moeit

IMF approves $2bn loan tranche to Egypt: Minister of Finance

The Executive Board of the International Monetary Fund (IMF) approved the disbursement of $2bn to Egypt as the fifth tranche of its $12 loan, the Minister of Finance, Mohamed Moeit, announced on Monday. So far, Egypt has received $10bn from the extended $12bn loan facility signed in 2016. Moeit said that Egypt is expected to …

Daily News Egypt