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You are here: Home»World»Africa»Egypt says to reassure IMF on economy, government plans

bigqwCAIRO: Egypt will seek to reassure an IMF delegation about the state of the economy and government plans on Monday, Prime Minister Hisham Kandil said in remarks reported by the state news agency.

 

The government would also explain Cairo's reasons for postponing conclusion of a deal to secure a $4.8-billion loan from the IMF, he said.

 

The government would assure IMF officials about the "soundness of the government's orientation and the ability of the Egyptian economy to recover," Kandil said.

 

Center>Copyright Reuters, 2013


 



 
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Banking Review 2013


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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-1.434 bln
Exports $1.930 bln
Imports $3.364 bln
WeeklySeptember 18, 2014
Reserves $13.525 bln