Published 13:17 IST, April 24th 2024
Egypt commits to ending direct central bank lending under IMF programme
This approval followed Egypt's landmark $35 billion investment deal with the United Arab Emirates, which alleviated foreign currency shortages.
![Egyptian central bank lending](https://img.republicworld.com/tr:w-800,h-450,q-75,f-auto/rimages/fotojet-2024-04-24t131247.700-171394486818216_9.webp)
Egyptian central bank lending | Image:
Reuters
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13:17 IST, April 24th 2024