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IMF Okays 5th Tranche of $12b Loan to Egypt
Source: 2/5/2019

The International Monetary Fund (IMF) agreed to give Egypt the 5th tranche of its $12 billion loan, Minister of Finance Mohamed Maait said.

Egypt is due to receive the $2-billion tranche within a few days, Maait said in a press statement.

The approval reflects the IMF's recognition of the success of Egypt's economic reform program, he added.

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