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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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Annual2012/13
Foreign Debt $60.9bn
Per Cap Income $1,368
GDP Growth 3.6%
Average CPI 7.5%
MonthlyMay
Trade Balance $-1.558 bln
Exports $2.117 bln
Imports $3.675 bln
WeeklyJuly 10, 2014
Reserves $14.638 bln