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IMF believes Egypt's economy is 'on the right track,' top politician claims

CAIRO: The International Monetary Fund’s move to grant a new loan to Egypt will have positive repercussions for the country’s economy, according to government officials and economic experts. The IMF and the Egyptian government recently reached an initial agreement for Cairo to obtain a $3 billion loan from the fund, in addition to another package that includes $1 billion from ....

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