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23.09.2016 | 13:28

Egypt takes on IMF loan amounting $12 billion

Egyptian Government will contract a debt from international creditors.

Economy of the country still hasn't fully recovered after 2013 Egyptian coup d'état when general el-Sisi became President.

Egyptian government intends to attract investments in convertible currency taking into account country's low currency reserves. Another task is also to animate private sector by investments. 

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