IMF approves release of US$1.67b in aid to Egypt

In June, the board approved a one-year, US$5.2 billion financing package for Egypt. With the latest disbursement, more than US$3.6 billion will have been released. — Reuters pic. WASHINGTON, Dec 19 — The board of the International Monetary Fund (IMF) yesterday approved the release of a second tranche of aid valued at US$1.


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