Washington, DC — In light of the unfolding developments on the ground, the Egyptian authorities have asked to postpone their request for a Stand-By Arrangement with the IMF. The Fund remains in close contact with the authorities, and stands ready to continue supporting Egypt during the ongoing transition and to consult with the authorities on the resumption of discussions regarding the Stand-By Arrangement.
International Monetary Fund (Washington, DC)
Egypt: IMF Statement On Egypt11 December 2012
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