WIRE — The IMF board approved a $1.8bn disbursement for Egypt following the seventh review under its Extended Fund Facility (EFF) arrangement and the second review under its Resilience and Sustainability Facility (RSF) arrangement. The completion of the reviews under the 48-month EFF and RSF arrangements enables Egyptian authorities to immediately draw SDR 1.11bn (about $1.5bn) under The post IMF board approves $1.8bn disbursement for Egypt following seventh review first appeared on Dailynewsegypt.
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