IMF

FJP to determine stance on IMF loan Sunday
Egypt

FJP to determine stance on IMF loan Sunday

  The FJP economic committee’s spokesperson Mohamed Gouda said Saturday the committee will hold a meeting Sunday to determine its…
Egypt may dispense part of the IMF loan, says offical
Egypt

Egypt may dispense part of the IMF loan, says offical

  The government is not obliged to withdraw the total value of the loan requested from the International Monetary Fund…
IMF envoys: Egypt visit is to express solidarity, not discuss loan details
Business

IMF envoys: Egypt visit is to express solidarity, not discuss loan details

The International Monetary Fund's delegation in Cairo met with representatives from the economic ministries to agree on the steps Egypt…
Back to the table, Egypt and the IMF
Opinion

Back to the table, Egypt and the IMF

Negotiations between the Egyptian government and the International Monetary Fund (IMF) have resumed. On Wednesday, the IMF’s managing director, Christine…
Lagarde, Qandil hope for IMF deal before end of year
Business

Lagarde, Qandil hope for IMF deal before end of year

The Egyptian government has entered negotiations with the International Monetary Fund for a US$4.8 billion loan, Prime Minister Hesham Qandil…
Egypt says formally requests US$4.8 bn IMF loan
Business

Egypt says formally requests US$4.8 bn IMF loan

Egypt has formally requested a US$4.8 billion loan from the International Monetary Fund, a spokesman for its president said on…
Central bank official: Foreign reserves may hit US$21.2 bn
Business

Central bank official: Foreign reserves may hit US$21.2 bn

  An official at the Central Bank of Egypt told a state-run paper that he predicted the country's foreign reserve…
Update: IMF chief to visit Egypt on 22 Aug, Cairo may seek $4.8 bln
Business

Update: IMF chief to visit Egypt on 22 Aug, Cairo may seek $4.8 bln

  International Monetary Fund chief Christine Lagarde will visit Egypt next week in a show of IMF support for Egypt's…
Finance minister: Negotiations with IMF resumed for $3.2 billion loan
Egypt

Finance minister: Negotiations with IMF resumed for $3.2 billion loan

The government is in contact with the International Money Fund to resume negotiations on a US$3.2 billion loan to Egypt,…
Living on borrowed time: Morsy’s political economics
Business

Living on borrowed time: Morsy’s political economics

President Mohamed Morsy is seeking to use public spending to build a base of support in diverse sectors of society,…
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