BREAKING NEWS

Egypt says will not need IMF, World Bank funds

CAIRO - Finance Minister Samir Radwan said on Saturday Egypt would not need funds from the World Bank and International Monetary Fund, although a deal had been agreed, after budget revisions cut the forecast deficit.
"We do not need to go at this stage to the bank and the fund," Radwan told Reuters, adding Egypt still had the "best relations" with the institutions.
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