October 16, 2018 / 7:23 AM / a month ago

Egypt says agrees $3 bln financing deal with World Bank

CAIRO, Oct 16 (Reuters) - Egypt has agreed a new $3 billion financing deal with the World Bank, its investment ministry said in a statement on Tuesday.

Egypt secured a loan of similar size in 2016 from the Fund. The government said it would help secure economic growth. (Reporting by Ehab Farouk Writing by Nadine Awadalla Editing by Matthew Mpoke Bigg)

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