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Morsi described IMF as a “testament to how capable Egypt is in transitioning economically, rather than a funding opportunity”. (AFP Photo /Egyptian Presidency)

IMF loan talks to resume in March

IMF loan negotiations with Egypt are to resume early March after talks were postponed due to the country’s political turmoil and economic slump, Morsi’s recent austerity measures aim to make Egypt eligible for the loan

Daily News Egypt

Central Bank to issue more bonds and treasury bills

The Ministry of Finance announced the Central Bank of Egypt is to issue treasury bills and bonds, amounting to EGP 52 billion during September, state-owned news agency MENA has reported. The government will issue 91 day, 182 day, 273 day and 364 day treasury bills, amounting to EGP three billion, EGP eight billion, EGP 15 …

Daily News Egypt

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