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Market in Luxor, Egypt.” (Photo: Newscom).
The IMF and Civil Society
IMF Outlines $3 Billion Support for Egypt
June 8, 2011
Egypt has reached agreement with the IMF on a draft 12-month, $3 billion financing program. The proposed one-year stand-by arrangement contains measures aimed at supporting recovery, generating jobs, and assisting low-income households, while maintaining economic stability.