IMF to provide USD 1.2 billion in funding to strengthen public finances in Egypt
Cairo [Egypt], December 25 (ANI): The International Monetary Fund (IMF) has announced an agreement with Egypt to unlock approximately USD 1.2 billion in funding to support the country's struggling finances, Al Jazeera reported on Wednesday.
The Washington-based institution confirmed on Tuesday that a "staff-level agreement" had been reached, which now awaits approval by the IMF's Executive Board, it said.
As part of the a