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Egypt - IMF warns loan of 4.8 billion dollars at risk due to "significant change" in economic & political situation

sharon sanders

Editor-in-Chief & President
machine translation

IMF warns of reconsideration granted Egypt a loan of 4.8 billion dollars
Tuesday, November 27, 2012 - 18:34

International Monetary Fund (IMF)
Washington (a. Q.)

International Monetary Fund warned on Tuesday that a "significant change" in Egypt's policy of economic and political, can reconsider the preliminary agreement on a plan to help this country, which stipulates awarded for a loan of $ 4.8 billion. IMF said in a statement, "The study of this agreement by the Board of Directors of the International Monetary Fund requires no significant change in the economic prospects and the expected political" in Egypt, which faces its chairman Mohamed Morsy severe crisis after the issuance of the Declaration of constitutional authorities granted almost absolute.


http://www1.youm7.com/News.asp?NewsID=859880&SecID=24&IssueID=168
 
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