• Egypt: IMF Reaches Staff-Level Agreement With Egypt On a U.S.$ 4.8 Billion Stand-By Arrangement

    International Monetary Fund (Washington, DC), 20 November 2012

    An International Monetary Fund (IMF) staff mission headed by Mr. Andreas Bauer, Division Chief in the Middle East and Central Asia Department, and the Egyptian authorities have reached a staff-level agreement on a 22-month Stand-By Arrangement (SBA) in the amount of about US$4.8 billion (equivalent to about SDR 3.16 billion, or 335 percent of Egypt's quota in the IMF). The SBA will support the ...

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