Economics
Egypt Seeking $9 Billion From IMF and Other Institutions
- $4 billion being sought from non-IMF sources, official says
- Largest Arab nation received $2.8 billion from IMF this week
Some of Egypt’s main sources of foreign currency, including tourism, are facing disruptions caused by the virus.
Photographer: Mohamed El-Shahed/AFP via Getty Images
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Egypt is seeking more than $5 billion from the International Monetary Fund under a stand-by arrangement and $4 billion from other institutions, an official said.