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Egypt homing in on 3.7 billion euro IMF loan

2013-04-05 65 Dailymotion

Egypt is closing to sealing a 3.7 billion euro loan from the International Monetary Fund. <br /><br />After years of political turmoil and plunging foreign currency reserves, the country is now struggling to buy wheat and fuel. <br /><br />But Cairo must convince the IMF it can boost growth and slash the budget deficit. <br /><br />...<br />http://www.euronews.net/

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