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Egypt

  Egypt is not seeking a new financing arrangement with the International Monetary Fund (IMF) once its current program expires later this year, Prime Minister Mostafa Madbouly said on Thursday, 4 June, during a cabinet meeting. Addressing reporters after the Cabinet's weekly meeting, Madbouly said cooperation with the IMF remains on track and that the existing program is expected to conclude in December without the need for immediate negotiations on a successor agreement. The Prime Minister used the briefing to…