Egypt discusses $4.8bn loan with IMF
Country faces budget deficit of about $22bn after its assets dropped by half following uprising.
Published On 31 Oct 2012
A team from the International Monetary Fund is in Egypt to discuss a $4.8bn loan.
The country is facing a budget deficit of about $22bn after Egyptian assets dropped by half since the revolution that brought down Hosni Mubarak.
Al Jazeera’s Mike Hanna reports from Cairo.
Source: Al Jazeera