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HomeBreadcrumbCalendarsBreadcrumbNational AffairsBreadcrumbEgypt Affairs

Egypt secures IMF loan

Tuesday 15 May 2012
Cairo, Egypt

Published: 12 Apr 2012 | By Eva HS | Last updated: 12 Apr 2012
   
Egypt secures IMF loan -
Head of IMF Christine Lagarde
fotopedia- Le Web Paris

Egypt's government expects to have secured a $3.2 billion IMF loan before the inauguration of a new president in June. 


The financing is to decrease the economic strain on the country in the aftermath of last year's ousting of former leader Hosni Mubarak. 


According to the IMF, a  financial deal must be supported by all Egyptian political forces in play, including the Muslim Brotherhood.

Source
uk.reuters.com uk.reuters.com
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Created by Eva HSCreated by Eva HS
on Thu 12 Apr 2012
Modified by Eva HSLast modified by Eva HS
on Thu 12 Apr 2012
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Location: Cairo, Egypt
Date: Tuesday 15 May 2012
Duration: 1 day
Planning: confirmed
Ended: 372 days ago

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