Egypt secures expanded $8 billion deal with the IMF | Latest News | World Business Watch

Egypt secures expanded $8 billion deal with the IMF | Latest News | World Business Watch

In a big boost to Egypt’s economic recovery, the country has secured an expanded $8 billion deal with the International Monetary Fund. The deal comes hours after the central bank liberalised its currency and delivered a six percent rate hike in a push to stabilise the economy.

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