IMF board meeting for Egypt loan disbursal on schedule – source

Egypt remains on the International Monetary Fund’s (IMF) July calendar for Executive Board meeting to approve the disbursal of $820 million, said an informed source on Sunday.

The source further said rumours about Egypt being excluded from IMF’s upcoming Executive Board meeting agenda, are completely unfounded.

The meeting remains on schedule to take place on July 29, the source noted, adding that an updated agenda is also expected to release soon on the IMF’s website.