From ahramonline, January 20:
The International Monetary Fund (IMF) team, led by Mission Chief for Egypt Ivanna Vladkova Hollar, is currently in Cairo for ongoing discussions on the first and second reviews of Egypt’s reform programme supported by the IMF’s Extended Fund Facility (EFF), the IMF’s spokesperson told Ahram Online (AO).
The IMF has not clarified whether the visit includes discussions on additional financing for Egypt.
The spokesperson mentioned that the outcomes of the visit will be disclosed after its conclusion.
Meanwhile, IMF’s Director of the Middle East and Central Asia Department Jihad Azour visited Egypt last week, where the IMF held its annual retreat with local offices in the Middle East, North Africa, Caucasus, and Central Asia regions, according to the spokesperson.
During his visit, Azour met with the Egyptian authorities as well as regional stakeholders, the spokesperson told AO....
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The story goes on to say the credit facility could be as large as $8 billion.
