6 April 2013

Egypt: PM Vows to Consider Impact of IMF Loan On Coming Generations

In an attempt to reassure citizens and refute claims on the impact of an IMF loan in future, Prime Minister Hisham Qandil said that the government is taking into account the impact of the loan on the coming generations.

In statements to "Al-Ahram" newspaper on Saturday 06/04/2013, Qandil noted that the cash liquidity, economic activity, international confidence in the Egyptian economy and investment flows will prevent any negative impact on the long term.

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