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With Economy Reeling From Ukraine War, Egypt Secures $3 Billion I.M.F. Loan

Por: The New York Times World October 28, 2022

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CAIRO — The International Monetary Fund announced a $3 billion loan to Egypt on Thursday, the fourth such bailout in six years, in what amounted to more of a Band-Aid than a life raft for a of the war in Ukraine.The loan, which is expected to be paid out over about four years, could expand by another $1 billion if the fund agrees to dole out additional financing to help Egypt combat climate change. It could also serve as a symbolic vote of... + full article



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