IMF

Egypt is facing financial crisis, says finance minister
Business

Egypt is facing financial crisis, says finance minister

Egypt is facing a financial crisis that only foreign funding could help alleviate in the short term, Minister of Finance…
Egypt negotiating US$3 billion loan with IMF
Business

Egypt negotiating US$3 billion loan with IMF

A senior official at the Finance Ministry said on Monday that the Egyptian government is resuming negotiations with the International…
Minister: Egypt’s foreign debts within safe limits
Business

Minister: Egypt’s foreign debts within safe limits

Egypt's foreign debts remain within the safe limits of International Monetary Fund (IMF) and World Bank standards, Planning and International…
Transparency and borrowing
Opinion

Transparency and borrowing

In the midst of the excitement about our historic revolution, we as Egyptians are naturally facing challenges around our national…
Egypt seen struggling to finance spending this year
Business

Egypt seen struggling to finance spending this year

In a display of financial independence, Egypt's military rulers last month turned down an offer of $3 billion from the…
Foreign capital inflows: The lingering contention
Opinion

Foreign capital inflows: The lingering contention

The recent decision to reject the loan deal offered by the International Monetary Fund has been received with much relief…
IMF cancels Cairo visit after military council rejects foreign loans
Business

IMF cancels Cairo visit after military council rejects foreign loans

A source close to the International Monetary Fund (IMF) said the fund cancelled a visit to Cairo scheduled for July…
Egypt’s first freedom of information law in the works
Egypt

Egypt’s first freedom of information law in the works

For the first time in its modern legal history and after various failed attempts, Egypt might see its first freedom…
Egypt says will not need IMF, World Bank funds
Egypt

Egypt says will not need IMF, World Bank funds

  Egypt will not borrow from the World Bank and International Monetary Fund after revising its budget and cutting the…
World Bank, IMF offers to Egypt spur debt fears
Business

World Bank, IMF offers to Egypt spur debt fears

If Egypt accepts the US$20 billion potentially on offer from international sources, it will be setting itself for up for…
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