AMF, USD244m loan to Egypt

  • Egypt: Tuesday, December 30 - 2003 at 07:28

The Arab Monetary Fund has provided a USD244m loan to Egypt to support its economic reform programme. This brings the total number of loans to Egypt from the Abu Dhabi based AMF to nine with a total value of USD751m. Also USD677m of credits have been extended to Egypt by the Arab Trade Financing Programme supported by the AMF.

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