February 5, 2019 / 11:25 AM / 2 months ago

IMF to conduct final review of Egypt loan program in June: minister

FILE PHOTO - A participant stands near a logo of IMF at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo

CAIRO (Reuters) - The International Monetary Fund will conduct its final review of Egypt’s three-year $12 billion loan program in June, Finance Minister Mohamed Maait said on Tuesday.

The IMF announced on Monday that it was disbursing the fifth out of six $2 billion tranches, after completing its fourth review of the program.

Reporting by Ehab Farouk; Writing by Aidan Lewis; Editing by Peter Graff

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