Egypt secures expanded $8 billion deal with the IMF
Edited By WION Video Desk
Published: Mar 07, 2024, 06:20 IST | Updated: Mar 07, 2024, 06:20 IST
In a big boost to Egypt's economic recovery, the country has secured an expanded $8 billion deal with the International Monetary Fund. The deal comes hours after the central bank liberalised its currency and delivered a six percent rate hike in a push to stabilise the economy.
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