IMF board approves Egypt's $12 billion loan agreement, $2.75 billion disbursed

CAIRO/WASHINGTON (Reuters) - Egypt won International Monetary Fund approval on Friday for a three-year, $12 billion bailout program aimed at reviving a struggling economy, bringing down public debt and controlling inflation while seeking to protect the poor.

IMF board approves Egypt's $12 billion loan agreement, $2.75 billion disbursed
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