Economy

IMF and Egypt sign $3 billion deal over 46 months, says IMF representative.


© Stocksak. FILE PHOTO – The International Monetary Fund logo can be seen outside the Washington headquarters building, United States, September 4, 2018. REUTERS/Yuri Gripas

CAIRO (Stocksak), The International Monetary Fund, Egypt and a $3 billion funding agreement have been reached, Ivana Holler, the IMF representative in Egypt, stated on Thursday in remarks aired live on state television.

(This story corrects the six-month deal length in the first paragraph.

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