About: http://data.cimple.eu/news-article/101c27ee88d89e115e52a56f1d7859003487ac1a257a2848c23a659d

Facets (new session)
Description
Metadata
Settings
- owl:sameAs
- Inference Rule:

About: http://data.cimple.eu/news-article/101c27ee88d89e115e52a56f1d7859003487ac1a257a2848c23a659d Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

Attributes	Values
rdf:type	schema:NewsArticle
schema:articleBody	An IMF team has agreed on a one-year, $5.2 billion financing package for Egypt to help the country alleviate the economic impact of the COVID-19 pandemic, the fund announced Friday. The IMF board must still approve the financing from the fund's Rapid Financing Instrument (RFI), which allows nations to circumvent the lengthy negotiations usually needed to secure a full economic assistance program -- time most countries do not have as they struggle to cope with the coronavirus crisis. The new funding comes on top of $2.8 billion the IMF board approved a month ago, although at the time officials acknowledged that more help would be needed. Cairo requested the aid, known as a Standby Arrangement, to support its efforts "to maintain macroeconomic stability amid the COVID-19 shock while continuing to advance key structural reforms," IMF mission chief Uma Ramakrishnan said in a statement. "This will safeguard the gains achieved by Egypt over the past three years and put the country on strong footing for sustained recovery as well as higher and more inclusive growth and job creation over the medium term," she said. It also will open the doors to financing from other lenders and help support job creation by the private sector. The IMF team held virtual negotiations with Egyptian officials on the terms of the package, which the fund's board is expected to approve in "coming weeks," she said. Egypt has suffered over 1,100 COVID-19 fatalities with over 31,000 cases, according to Johns Hopkins University's tally. hs/cs
schema:headline	Egypt agrees on $5.2 bn aid package: IMF
schema:mentions	Radio France Internationale Cairo International Monetary Fund Johns Hopkins University Egypt Pandemic Coronavirus Severe acute respiratory syndrome coronavirus 2 Uma Ramakrishnan Macroeconomics
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-06-05 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	76 (xsd:integer)

Faceted Search & Find service v1.16.115 as of Oct 09 2023

Alternative Linked Data Documents: ODE Content Formats:

RDF

ODATA

Microdata

About

OpenLink Virtuoso version 07.20.3238 as of Jul 16 2024, on Linux (x86_64-pc-linux-musl), Single-Server Edition (126 GB total memory, 5 GB memory in use)
Data on this page belongs to its respective rights holders.
Virtuoso Faceted Browser Copyright © 2009-2025 OpenLink Software