Egypt floats currency, paving way for IMF loan

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The price of gas in Egypt has risen by more than 30 percent overnight, after the government removed subsidies on car and cooking fuels.

It has also floated the Egyptian pound so that it can be traded freely, as part of conditions to get a $12bn loan from the International Monetary Fund.

Al Jazeera's Rob Matheson reports.

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Комментарии
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get ready egypt, what Prophet Muhammad S.A.W said is indeed true.

jdkk
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Funny isn't it, they have oil, yet they are being asked to take on a loan

imrannazir
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you never seen anything yet you claim to be a Muslims but you abandoned Islamic money which is silver and gold which has value in the money you began using pepper money which value is not in the money this is the same ting happening in Nigeria we used to buy $1 one hundred and fifty naira but now we buy $1dollar four hundreds and seventy naira Hunger is killing Nigerian's

sincerity
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