> IMF to begin delayed review of Egypt loan programme: PM / 36LD8R7
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IMF to begin delayed review of Egypt loan programme: PM / 36LD8R7
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The International Monetary Fund will on Tuesday begin its delayed fourth review of Egypt's 46-month loan programme, Prime Minister Mostafa Madbouly. At a Cairo joint news conference with IMF's managing director Kristalina Georgieva, Madbouly said the IMF team would start work on Tuesday "with Egypt's central bank and relevant ministries to conduct the review". Georgieva acknowledged the challenges faced by the country's economy amid regional conflicts. She said that "conditions have become more difficult for no fault of your own, but because of the conflict in your neighbourhood". The fourth review will unlock $1.2 billion in new financing. IMAGES AND SOUNDBITES
