CAIRO: Egypt has received $2.77 billion in emergency financing from the International Monetary Fund, its state news agency reported on Tuesday, citing a senior central bank source.
The IMF had approved the funds on Monday in an effort to help Egypt to contend with the new coronavirus pandemic that has brought tourism to a standstill and triggered capital flight.
Egypt receives $2.77 bln in IMF emergency financing
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Updated 12 May 2020
Egypt receives $2.77 bln in IMF emergency financing
- The IMF had approved the funds on Monday in an effort to help Egypt to contend with the new coronavirus pandemic that has brought tourism to a standstill
