Egypt

US delegation to visit Egypt late August, push for IMF loan

A delegation of senior US economic officials will visit Cairo 27-30 August to meet with senior Egyptian officials as well as private sector leaders, a statement by the US embassy in Cairo said Saturday.

“The delegation will follow up on Secretary Clinton’s July visit, during which President [Mohamed] Morsy and senior Egyptian officials identified broad-based economic growth and job creation as top priorities for the US partnership with Egypt,” the statement added.

According to the statement, the guests will discuss with the Egyptian government “steps to rebuild stability and confidence in Egypt as well as grow its economy, and encourage completion of an agreement with the International Monetary Fund.”

Under Secretary of State for Economic Growth, Energy and the Environment Robert Hormats will lead the delegation, which will be made up of senior representatives from the White House, Department of the Treasury, United States Agency for International Development, Office of the United States Trade Representative, and the Overseas Private Investment Corporation, the statement said.

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