Loans will Not Fix What Capitalism Has Ruined How can Egypt Survive the Successive Saves of Loans and the Subsequent Inflation?
- Published in Egypt
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The International Monetary Fund (IMF) announced its approval of a 46-month cooperation program for Egypt, in an amount of 3 billion US dollars, according to a statement from the IMF on Saturday 12/17/2022. The package of policies included in the program includes measures, including the permanent transition to a flexible exchange rate system and the implementation of a monetary policy aimed at reducing inflation rates.
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