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Egypt, IMF reach preliminary agreement for $3 billion loan

Por: ABC News World October 27, 2022

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CAIRO -- The International Monetary Fund reached a preliminary agreement with the Egyptian government Thursday that paves the way for the economically troubled Arab nation to access a $3 billion loan, officials said Thursday.IMF officials said a staff agreement between the Egyptian government and IMF leaders had been reached following months of talks, as Egypt struggles to combat surging inflation caused, in part, by the war in . In a statement... + full article



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