March 28, 2013 / 2:45 PM / 5 years ago

IMF mission to visit Egypt in early April for program talks

WASHINGTON, March 28 (Reuters) - The International Monetary Fund said on Thursday it will visit Egypt in the “first days of April” for talks with the government on a possible financing program worth $4.8 billion.

More than two years of political upheaval have battered the economy, leaving Egypt in dire need of IMF funding to relieve a currency and budget crisis. The IMF deal would also unlock billions of dollars in further support for Egypt from other donors.

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