By Metro US
Posted on
CAIRO (Reuters) – Egypt expects to receive a $1.6 billion disbursal from the International Monetary Fund by end-December, Finance Minister Mohamed Maait said on Monday.
The IMF said earlier this month it had reached a staff-level agreement with Egypt after the first review of a $5.2 billion financing agreement.
(Reporting by Nadine Awadalla and Nayera Abdullah; Editing by Leslie Adler)
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