Hisham Ramez Heads To London

The Governor of the Central Bank of Egypt, Hisham Ramez, has left for London today morning.

He had earlier stated that Egypt has made progress in negotiations with the International Monetary Fund (IMF) to secure US$ 4.8 billion loan.

“IMF loan is not enough to boost the economy. The country has to encourage local investments and create suitable climate for investments,” he elaborated.

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