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Mursi said to meet IMF official on Monday

Jan 05, 2013, 8:23 AM EST
REUTERS/Egyptian Presidency/Handout

A senior official in the International Monetary Fund (IMF) will reportedly meet Egyptian President Mohamed Mursi and other top officials on Monday to discuss Cairo's request for a $4.8 billion loan, the state-run Akhbar Al-Youm daily reported on Saturday. The IMF loan is seen as crucial to ease Egypt's budget deficit and economic slump.

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