IMF loan
Egypt may dispense part of the IMF loan, says offical
Egypt
August 25, 2012
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…
Update: Finance minister assures IMF won’t interfere with policy, addresses Qatar loan
Egypt
August 23, 2012
Update: Finance minister assures IMF won’t interfere with policy, addresses Qatar loan
The International Monetary Fund would not interfere with the Egyptian government’s new reform policies, said Finance Minister Momtaz al-Saeed on…
After a year of uncertainty, Qatar and IMF open pockets
Egypt
August 22, 2012
After a year of uncertainty, Qatar and IMF open pockets
The Egyptian government entered negotiations with the International Monetary Fund for a US$4.8 billion loan on Wednesday, taking the most…
Update: IMF loan violates Sharia, says Nour Party
Egypt
August 22, 2012
Update: IMF loan violates Sharia, says Nour Party
The government should not borrow from the International Monetary Fund to boost the country’s cash reserve, the Salafi Nour Party…
Lagarde, Qandil hope for IMF deal before end of year
Business
August 22, 2012
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
August 22, 2012
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
August 21, 2012
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…
Finance minister: Negotiations with IMF resumed for $3.2 billion loan
Egypt
August 5, 2012
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,…
Qandil’s economic appointments maintain status quo in weakened govt
Business
August 3, 2012
Qandil’s economic appointments maintain status quo in weakened govt
As Prime Minister Hesham Qandil was unveiling the new Cabinet, unrest ensued in parts of the country. One person died…
Abouelnaga: FJP stalled IMF loan, Cabinet behind economic recovery
Business
July 16, 2012
Abouelnaga: FJP stalled IMF loan, Cabinet behind economic recovery
Minister of Planning and International Cooperation Fayza Abouelnaga said on Monday that "the dissolved Parliament’s attitude was behind the failure…