> Egypt dims lights to boost foreign reserves / 32H9938
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Egypt dims lights to boost foreign reserves / 32H9938
Clip ID 2166016
Creator AFP
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Description
Darkness pervades the streets of Cairo's twin-city of Giza, as Egypt's government dims lights to free up energy for export and bolster hard currency reserves. More natural gas exports mean more hard currency, a dire need as experts say a new loan from the International Monetary Fund (IMF) – and an adjacent currency liberalisation – is inevitable. IMAGES AND SOUNDBITES