Ashraf al-Arabi: Egypt to Rsume Ngotiations with IMFSource: www.export-egypt.com 12/29/2012, Location: Africa |
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Planning and International Cooperation Minister Ashraf al-Arabi said on 28/12/2012 the Egyptian government will resume negotiations with the International Monetary Fund (IMF) after Christmas and sign a $4.8 billion loan agreement. Al-Arabi pointed out that the IMF and other international funding institutions' keenness on offering aid to Egypt will push forward the national economy and attracting more foreign investments.
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