International Monetary Fund

IMF says too early to discuss action on Egypt loan
Egypt

IMF says too early to discuss action on Egypt loan

The International Monetary Fund has said it is still early to discuss any measures concerning Egypt's request for a US$3.2…
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 loan is a first step for Egypt, rating agency says
Business

IMF loan is a first step for Egypt, rating agency says

Egypt's request for a US$3.2 billion loan from the International Monetary Fund is encouraging, but such assistance will only have…
Tuesday’s papers: Gasoline crisis escalates
Egypt

Tuesday’s papers: Gasoline crisis escalates

Tuesday's newspapers all run top stories on Egypt's escalating gas crisis, a problem that persists even as government officials continue…
IMF delegation arrives in Cairo to negotiate loan agreement
Business

IMF delegation arrives in Cairo to negotiate loan agreement

A delegation from the International Monetary Fund arrived in Cairo on Monday led by Massoud Ahmed, director of the IMF's…
Egypt negotiates 25 million-euro grant with EU, World Bank
Business

Egypt negotiates 25 million-euro grant with EU, World Bank

Egypt has negotiated a 25 million-euro grant for development projects with the European Union and World Bank, an official with…
Finance minister: Egypt will accept IMF funding package
Business

Finance minister: Egypt will accept IMF funding package

Egypt intends to accept a funding package of US$3.2 billion from the International Monetary Fund (IMF) it had rejected earlier…
World Bank officials to visit Egypt again over borrowing
Egypt

World Bank officials to visit Egypt again over borrowing

World Bank officials plan to visit Cairo to examine the possibility of giving loans to Egypt, said Vakhtang Lejava, a…
Amid debt concerns, large World Bank projects continue
Business

Amid debt concerns, large World Bank projects continue

As Egyptian civil society calls for the eradication of debts incurred under former President Hosni Mubarak, Egypt’s government continues to…
Drop ‘dictator debt,’ activists and economists say
Business

Drop ‘dictator debt,’ activists and economists say

Egypt has a budget deficit of nearly 10 percent of GDP and the finance minister recently said that the country…
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