Egypt, whose revenues have been hard-hit by the Houthi attacks on vessels traversing the Red sea, has signed an expanded $8bn loan agreement with the International Monetary Fund (IMF). The country had already signed a $3bn loan deal with the IMF in December 2022. That package has now been increased...
https://insurancemarinenews.com/insurance-marine-news/egypt-signs-8bn-loan-deal-with-imf/