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      Egypt reaches preliminary deal for $4.8 bln IMF loan

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      • 92 قراءة
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      • 00:00 - 01 يناير, 1970
      Egypt has reached a preliminary agreement with a team from the International Monetary Fund for a $4.8 billion loan, a minister said on Tuesday. The deal is seen as a vital step for shoring up Egypt’s battered finances and rebuilding the confidence of investors, who have been looking to the IMF