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Egypt to end capital controls, reform oil sector under IMF dealUPDATE 2-Egypt on track to receive IMF loan's second tranche http://www.reuters.com/article/egypt-imf-idUSL5N1F8598 "Among the boldest moves is a plan to reform the oil sector in general and state oil firm EGPC in particular. Egypt will develop that plan by the end of March. EGPC will also repay nearly $3.6 billion of arrears to international oil firms and seek not to accumulate new arrears." |
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