No Intentions to Get IMF Loan – Egypt C.Bank Chief

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Central Bank of Egypt’s Governor Hisham Ramez asserted on Tuesday evening that his country has no intentions to obtain an International Monetary Fund (IMF)’s loan.

Meanwhile, the Egyptian top official said the maximum wage law has applied for everyone, refuting reports that some banks’ chairmen receive EGP 2 million monthly salaries. He added that he is ready to report against any official in the banking sector, obtaining more than EGP 42.000, to the General-Prosecutor.