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Zuhdi Shubeitah
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1 articles in “The Global Economy” in 2024
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Finance & Banking
13 March 2024
Translated from Arabic
What’s Behind Egypt Receiving an Additional $5 Billion Loan? Was It Orchestrated in Secret?
The article examines Egypt’s rapid agreement with the IMF that added $5 billion to a prior $3 billion facility, bringing the total to $8 billion, and its timing amid the Gaza Strip war and a sudden float of the Egyptian pound.
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