Egypt deal with IMF of paramount importance: Kerry
CAIRO (Reuters) – Egypt’s need to reach a loan deal with the IMF is “paramount”, U. S. Secretary of State John Kerry said on Saturday. Kerry also said he was certain that U. S. cooperation with Egypt can only happen if Cairo makes the right fundamental choices regarding the International Monetary Fund. Egypt said on Thursday it would invite an IMF team to reopen talks on a $4. 8 billion loan, and the Investment Minister Osama Saleh expressed hope that a deal could be done by the end of April. . . .
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