Egypt has not asked IMF loan increase - central bank in paper


CAIRO (Reuters) - Egypt has not asked the International Monetary Fund (IMF) to increase its previously requested $4.8 billion loan, central bank governor Hisham Ramez said in remarks published on Sunday.

He also told al-Shorouk newspaper that Egypt could still request to increase the loan by $1 billion if the maturity period was extended to more than 30 months from the 22 months envisaged in the original deal initialled last November.

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