The economic affairs committee of Egypt's parliament has not yet seen a proposal from the IMF for an emergency loan package, casting doubt on plans for the US$3.2 billion (Dh11.75bn) agreement to be signed next month.
"It was not submitted to us to see all the details, the restrictions and conditions on the loans, so we cannot judge something before seeing all the details," said Tarek Dousky, the head of the economic committee in parliament and a member of the ultra-conservative Salafist Nour Party.
This week, Momtaz El Saieed, Egypt's finance minister, said the country expected to sign the loan agreement with the IMF next month and would receive one third of the funds immediately upon signing.
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