International Monetary Fund (IMF)

Egypt to ask for US$4.8 billion IMF loan
Egypt

Egypt to ask for US$4.8 billion IMF loan

Prime Minister Hesham Qandil  will begin talks with head of the International Monetary Fund Christine Lagarde for a US$4.8 billion…
IMF to resume talks with Egypt after election
Business

IMF to resume talks with Egypt after election

IMF spokesperson Gerry Rice said Friday that the fund is ready to support Egypt during the transitional period and plans…
We asked IMF to postpone loan, says Brotherhood deputy guide
Egypt

We asked IMF to postpone loan, says Brotherhood deputy guide

Muslim Brotherhood Deputy General Guide Khairat al-Shater has said the group and its Freedom and Justice Party told the military…
IMF head Lagarde: IMF loan for Egypt won’t be enough
Business

IMF head Lagarde: IMF loan for Egypt won’t be enough

WASHINGTON, D.C. — Egypt's request for a US$3.2 billion IMF loan will not be enough to meet the country's financial…
We rejected an IMF request to devalue the pound by 20%, says official
Business

We rejected an IMF request to devalue the pound by 20%, says official

A senior government official said Monday that the government rejected a request by the International Monetary Fund to devalue the…
FJP not sufficiently briefed on IMF loan
Egypt

FJP not sufficiently briefed on IMF loan

Mohamed Morsy, president of the Freedom and Justice Party, said on Monday he did not receive sufficient clarification from the government…
Ganzouri faces tough task selling IMF reforms
Business

Ganzouri faces tough task selling IMF reforms

  Egypt's interim government will have to muster all its skills of persuasion to sell austerity measures to a country…
Economic gloom begins to lift in Egypt
Business

Economic gloom begins to lift in Egypt

When Egypt's stock market index climbed this week to its highest level since last July, it was more than a…
We do not favor increasing foreign loans, says FJP
Egypt

We do not favor increasing foreign loans, says FJP

The Freedom and Justice Party has yet to announce its official stance concerning borrowing from the International Monetary Fund, said…
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