CAIRO (Reuters) - Egypt has made progress in talks with the International Monetary Fund (IMF) on a $4.8 billion (3.1 billion pounds) loan and will continue negotiations next week, Finance Minister Al-Mursi al-Sayed Hejazy said on Thursday.
"Talks are continuing with the delegation. There is progress," Hejazy told reporters after a round of talks with IMF officials. Discussions are "going in the right direction", added Hani Gadra, a finance ministry official. Neither elaborated.
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