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IMF Loan Egypt sign

Egypt To Sign IMF Loan Next Month, Minister Says

Egypt To Sign IMF Loan Next Month, Minister Says

The loan, which has a interest rate of 1.2 percent, would be used to support the 2012/13 budget and to compensate for the depletion of Egypt's foreign reserves, al-Ahram quoted Saeed as saying.

February 19, 2012 4:52