IMF Seeks Broad Support in Egypt for Potential Loan Program
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The International Monetary Fund wants measures attached to a potential loan to Egypt to have “broad political support,” a spokesman for the fund said.
A team just visited the country “to lay groundwork for the return of the technical team that can continue work on Egypt’s economic program,” spokesman David Hawley told reporters in Washington today. The IMF consulted with different stakeholders “to make sure that if and when a program is agreed, there is a clear understanding on both sides about the support needed for implementing policies.”