IMF

Egypt faces hurdles in securing IMF aid
Business

Egypt faces hurdles in securing IMF aid

Egypt faces a struggle to secure a US$3.2 billion International Monetary Fund aid package that economists say is crucial to…
IMF loans are usury, says Salafi party
Egypt

IMF loans are usury, says Salafi party

The Salafi Nour Party has criticized the government for plans to borrow from international financial institutions rather than implementing an…
IMF to resume talks with Egypt in February
Business

IMF to resume talks with Egypt in February

The International Monetary Fund's meetings with Egyptian officials over a financial support program will continue into February, an IMF official…
IMF delegation head: We won’t impose conditions for loan
Business

IMF delegation head: We won’t impose conditions for loan

The International Monetary Fund (IMF) will not impose conditions on Egypt in exchange for a loan of US$3.2 billion, Massoud…
IMF sending mission to Egypt for aid negotiations
Business

IMF sending mission to Egypt for aid negotiations

The International Monetary Fund confirmed Thursday it was sending a mission to Egypt to discuss possible financial aid to the…
The Arabs and West did not meet their promises for aid, says PM
Egypt

The Arabs and West did not meet their promises for aid, says PM

The West and Arab states have not fulfilled their promises of aid to Egypt, lamented Prime Minister Kamal al-Ganzouri in…
Government divided over IMF loan
Business

Government divided over IMF loan

Government officials have issued conflicting statements regarding the economic reform program that was designed in return for a loan of…
Egypt to keep 2011/12 deficit on target, says finance minister
Business

Egypt to keep 2011/12 deficit on target, says finance minister

Egypt will maintain its budget deficit at 8.6 percent of output for this financial year, its finance minister said on…
IMF plans to visit Egypt in January after canceling December visit
Business

IMF plans to visit Egypt in January after canceling December visit

The International Monetary Fund (IMF) said it postponed a visit to Cairo in mid-December for security reasons but plans to…
IMF cancels planned Cairo visit to negotiate loan
Business

IMF cancels planned Cairo visit to negotiate loan

The International Monetary Fund (IMF) cancelled a planned January visit in Cairo to negotiate a loan of US$3.2 billion, an…
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