EconSource: Even with Billions in Gulf Aid, Egypt May Still Turn to IMF
Egypt’s on-and-off talks with the International Monetary Fund (IMF) may be back on again, as investors say IMF loans offer a stronger platform for reviving the Egyptian economy than the Gulf money currently keeping it afloat. Even with signs of a recovery in tourism and investment, the gap between Egypt’s foreign currency receipts and needs … Continue reading EconSource: Even with Billions in Gulf Aid, Egypt May Still Turn to IMF
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