International Monetary Fund
IMF loan negotiations continue despite violence
Business
January 30, 2013
IMF loan negotiations continue despite violence
Finance Minister Morsy Hegazy said on Wednesday that talks with the International Monetary Fund are progressing, despite violence plaguing several…
IMF may postpone loan agreement by months
Business
January 24, 2013
IMF may postpone loan agreement by months
Prime Minister Hesham Qandil and International Monetary Fund (IMF) head Christine Lagarde met on Thursday to discuss the future of…
IMF to review Egyptian budget before resuming loan talks
Egypt
January 19, 2013
IMF to review Egyptian budget before resuming loan talks
The IMF's director for the Middle East and North Africa, Masood Ahmed, said Saturday that the fund is reviewing Egypt's…
Lagarde: Egypt must endorse IMF loan deal as its own
Business
January 8, 2013
Lagarde: Egypt must endorse IMF loan deal as its own
Egypt's government must endorse a US$4.8 billion IMF loan agreement and propose it to the Egyptian people as its own…
IMF wants pound value to drop against US dollar, says official
Business
January 8, 2013
IMF wants pound value to drop against US dollar, says official
The International Monetary Fund has criticized the Central Bank of Egypt for its delay in allowing the Egyptian pound’s value…
IMF reiterates commitment to supporting Egypt
Egypt
January 8, 2013
IMF reiterates commitment to supporting Egypt
The International Monetary Fund has reiterated its support for Egypt in face of increasing economic challenges. Masood Ahmed, Director of…
IMF official in Egypt as currency crisis bites
Business
January 7, 2013
IMF official in Egypt as currency crisis bites
A senior International Monetary Fund official met Egypt's government on Monday to discuss a vital US$4.8 billion loan as the…
Egypt says to reassure IMF in January visit
Business
January 3, 2013
Egypt says to reassure IMF in January visit
An International Monetary Fund mission will visit Egypt in January for talks on a US$4.8 billion loan agreement that was…
IMF welcomes Egypt’s effort to safeguard reserves
Business
December 31, 2012
IMF welcomes Egypt’s effort to safeguard reserves
The International Monetary Fund said Monday that it welcomed steps Egypt has taken to stop a drain on its international…
State budget suffers incurable disease, says finance minister
Business
December 30, 2012
State budget suffers incurable disease, says finance minister
The state budget suffers from an incurable disease, with resources only covering 60 percent of public expenditures, state-owned Nile…