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Egypt's IMF Loan Review: Key Dates and Economic Considerations
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Egypt's IMF loan program review scheduled for June 2024, unlocking $820 million initially, with subsequent disbursements of $1.3 billion every six months. Focus on Resilience and Sustainability Facility loan. Inflation forecast at 25.5%, signaling a call for targeted social spending over untargeted fuel subsidies.
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How does Egypt's inflation rate affect its overall economic stability and investment climate?
How might the shift from fuel subsidies to social spending impact Egypt's economy and social welfare?
What challenges could Egypt face in meeting the conditions set by the IMF for loan disbursements?
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