International Monetary Fund
IMF mission stays for more loan negotiations
Business
November 14, 2012
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
November 12, 2012
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
November 11, 2012
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
November 5, 2012
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
November 2, 2012
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
November 1, 2012
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
October 29, 2012
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…
Govt source: US$2 bn deposit from Algeria in works at Qandil visit
Egypt
October 21, 2012
Govt source: US$2 bn deposit from Algeria in works at Qandil visit
The Egyptian government may negotiate with Algeria for a US$2 billion deposit, said an official Egyptian government source. The source…
Finance minister: Egypt close to US$1 bn loan from World Bank
Egypt
October 15, 2012
Finance minister: Egypt close to US$1 bn loan from World Bank
Egypt had agreed with the World Bank on the terms for obtaining a US$1 billion loan to finance projects that…