IMF and Egypt reach $3 billion, 46-month deal, IMF representative says

IMF and Egypt reach $3 billion, 46-month deal, IMF representative says
© Reuters. FILE PHOTO: The International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, United States, September 4, 2018. REUTERS/Yuri Gripas

 

CAIRO (Reuters) – The International Monetary Fund (IMF) and Egypt have reached a $3 billion funding deal that will run over 46 months, the IMF’s representative in Egypt, Ivana Holler, said on Thursday in remarks aired on state TV.

 

(This story corrects deal length to 46 months from six in first paragraph)

Source: Reuters