#USA urges #Egypt, #IMF to ’quickly’ reach loan deal

The US Department of State tells Ahram Online they urge Egypt and the International Monetary Fund (IMF) to come to an agreement ‘as soon as possible’ to free up the postponed $4.8 billion loan.

The United States urged Egypt and the IMF to reach an agreement on the $4.8 billion loan that was postponed on 11 December “as quickly as possible.”

In an exclusive statement to Ahram Online, a Department of State spokesman confirmed: “We understand that the government of Egypt and the IMF are in close contact regarding the resumption of discussions on a Stand-by Arrangement.”


This entry was posted in News and tagged , , , . Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s