IMF loan
Report: Experts draw up government economic reform plans
Business
October 21, 2012
Report: Experts draw up government economic reform plans
Experts have drawn up proposals for tax and energy subsidy changes and will present them to Egypt's Cabinet on Sunday,…
Govt details fuel subsidy rationing
Business
October 14, 2012
Govt details fuel subsidy rationing
Egypt's government plans to cut energy subsidies by setting a universal limit on how much cheap fuel and cooking…
Loan negotiations could conclude by November, says IMF
Egypt
October 11, 2012
Loan negotiations could conclude by November, says IMF
The International Monetary Fund is optimistic that negotiations for a US$4.8 billion loan to Egypt could conclude by mid-November, said…
Qandil hopes for IMF agreement by end of October
Egypt
October 9, 2012
Qandil hopes for IMF agreement by end of October
Prime Minister Hesham Qandil said on Tuesday that Egypt would invite the International Monetary Fund to visit for talks about…
Qandil: IMF delegation to visit Egypt in late October
Business
October 3, 2012
Qandil: IMF delegation to visit Egypt in late October
A delegation from the International Monetary Fund will visit Egypt at the end of this month to resume talks over…
Finance minister says IMF delays loan talks
Egypt
October 1, 2012
Finance minister says IMF delays loan talks
The International Monetary Fund has delayed sending a team to Cairo to negotiate a US$4.8 billion loan while the Egyptian…
Clinton reassures Morsy on US assistance
Egypt
September 25, 2012
Clinton reassures Morsy on US assistance
Secretary of State Hillary Clinton reassured Egypt's new Islamist president on Monday that the United States would forge ahead with…
Moody’s keeps Egypt’s credit rating at B2
Business
September 13, 2012
Moody’s keeps Egypt’s credit rating at B2
Moody’s decided on Thursday to maintain Egypt’s credit rating at B2 based on negative mid-range forecasts for the nation’s…
Public debt swelled, IMF loan pivotal, says finance minister
Business
September 12, 2012
Public debt swelled, IMF loan pivotal, says finance minister
Finance Minister Momtaz al-Saeed told the Shura Council on Wednesday that Egypt is in desperate need of the International Monetary…