Arab Finance: The International Monetary Fund (IMF) has confirmed that the third review of Egypt's Extended Fund Facility (EFF) arrangement would still take place on July 29th, according to a statement, citing an informed source.
This statement came in response to rumors spread on Sunday, July 21st, claiming that the IMF postponed discussions about the country's third tranche worth $820 million under the loan program.
The meeting was initially scheduled for July 10th and then moved to July 29th.