#tranche
Egypt will start the repayment of the International Monetary Fund (IMF) loan in May 2021. According to Egypt Independent and Al Masry Al Youm government sources announced the decision on Saturday, clarifying that it would begin with a US $2.75 billion tranche. This would be followed by equal installements that would end by 2026. Mohamed Maeet, the Minister of Finance, stated that the IMF loan would conclude next year with no plans of extension or further loans. Maeet also explained…
