Egypt will resume talks with the International Monetary Fund on a crucial $4.8 billion loan in January, the country's Prime Minister Hisham Kandil said Sunday.
The talks were suspended earlier this month because of the intensified political turmoil in the North African nation.
In line with the agreement deal reached with the IMF, the Egyptian government had announced tax increases on the sale of a variety of goods, including soft drinks, cigarettes and beer.
However, hours later, President Mohammed Mursi suspended the tax program in wake of strong protests over a controversial new constitution.
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