Egypt amongst top 10 countries borrowing the most from the International Monetary Fund ...Egypt

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Egypt amongst top 10 countries borrowing the most from the International Monetary Fund
The main stated goal of the International Monetary Fund (IMF) is to help countries overcome their economic problems and to provide loans and programs to assist them. The following are the 10 countries borrowing the most from the IMF based on data from July 1: Argentina Ukraine Egypt Ecuador Pakistan Angola Colombia Kenya Cote D’Ivoire Bangladesh Founded in 1944 and headquartered in Washington, the IMF’s members currently number 190 countries. The fund specializes in providing loans to member states to address the deficit, and works to stabilize exchange rates. The IMF requires borrowing countries to consult it about the steps they are taking to improve the situation of their balance of pay

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