Affected by the war in Ukraine, Egypt receives a loan of 3,000 million dollars from the IMF
The International Monetary Fund (IMF) has approved a $3 billion loan for Egypt, a country that has been hit hard by soaring commodity prices following the outbreak of war between Russia and Ukraine. The IMF Extended Facility Program (EFF) will run for 46 months, with an immediate disbursement of $347 million. Likewise, the funding will … Read more