International Monetary Fund

Egypt reaches preliminary deal for US$4.8 billion IMF loan
Business

Egypt reaches preliminary deal for US$4.8 billion IMF loan

  Egypt has reached a preliminary agreement with a team from the International Monetary Fund for a US$4.8 billion loan,…
Egypt PM says very close to IMF deal
Business

Egypt PM says very close to IMF deal

Egypt aims to secure agreement on a US$4.8 billion loan from the International Monetary Fund in a few days to…
IMF mission stays for more loan negotiations
Business

IMF mission stays for more loan negotiations

The Central Bank announced Wednesday that an International Monetary Fund delegation is staying in Cairo for several more days to…
Egypt should implement economic reform to get loan, IMF official says
Egypt

Egypt should implement economic reform to get loan, IMF official says

An International Monetary Fund official said Monday that it is hard to set a definite time frame for granting Egypt…
Government plans new deficit-reduction steps
Business

Government plans new deficit-reduction steps

Egypt's government has proposed tax changes and reducing energy subsidies to cut a budget deficit running at about 11 percent…
Egypt expects IMF decision within 10 days from talks
Business

Egypt expects IMF decision within 10 days from talks

The International Monetary Fund will make its final decision on Egypt's request for a US$4.2 million loan within 10 days…
FJP leader: IMF loan approval contingent on adopting party’s economic reforms
Business

FJP leader: IMF loan approval contingent on adopting party’s economic reforms

A Freedom and Justice Party leader demanded Thursday that the Cabinet adopt the party’s economic reform program in order for it…
IMF and govt agree on economic program, official says
Business

IMF and govt agree on economic program, official says

A senior government official said Thursday there has been a convergence of views between the IMF and the Egyptian government…
IMF delegation to arrive in Cairo for loan negotiations
Egypt

IMF delegation to arrive in Cairo for loan negotiations

An International Monetary Fund delegation is set to arrive in Cairo Tuesday to negotiate a US$4.8 billion loan requested by…
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