IMF answers key questions on Egypt's loan, reforms program

Fri, 14 Jul 2017 - 11:42 GMT

The International Monetary Fund (IMF) published on Thursday on its website key questions regarding its agreement with Egypt and the country's reforms program with its latest controversial moves.

IMF praises Egypt for its economic reform program

Fri, 14 Jul 2017 - 10:52 GMT

The Managing Director of the International Monetary Fund (IMF), Christine Lagarde congratulated Egypt for the success achieved in the economic reform program.

IMF approves Egypt's 2nd loan tranche of $1.25B

Fri, 14 Jul 2017 - 10:33 GMT

The International Monetary Fund (IMF) approved on Thursday the disbursement of the second tranche worth $1.25 billion of Egypt's $12 billion loan.