Egypt has indicated it needs up to $12 billion to meet a funding gap but has yet to formally request a loan from the International Monetary Fund, an IMF official said on Wednesday.
"At this stage what we know is that the Egyptian authorities have indicated that they have a financing gap of $10 (billion) to $12 billion," Masood Ahmed, the IMF's director for Middle East and Central Asia, told Reuters.
"Our own analysis for this suggests that is probably right," he said after a presentation of its regional economic outlook.
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