Egypt will have access to $1.2 billion subject to IMF board approval, fund says

CAIRO, Dec 25 (Reuters) – The International Monetary Fund said on Wednesday it reached a staff-level agreement on the fourth review under the Extended Fund Facility arrangement with Egypt.

Subject to approval by the executive board, Egypt will have access to about $1.2 billion, the IMF added in a statement. (Reporting by Enas Alashray; Editing by Chris Reese)

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