By: Abdullah Bedeir and Islam Fadl
Cairo – Mubasher: Egypt will receive $1.6 billion as part of the $5.2 billion International Monetary Fund (IMF) loan by the end of December, the Minister of Finance, Mohamed Maait, said.
The remaining $3.2 billion will be paid over two tranches each worth $1.6 billion, Maait added during Egypt Economic Summit 2020 on Wednesday.