IMF loan
New government to approach IMF soon, finance aide says
Business
July 2, 2012
New government to approach IMF soon, finance aide says
Egypt will approach the International Monetary Fund and other financial institutions to help get its economy back on track once…
IMF says stands ready to support Egypt
Egypt
June 26, 2012
IMF says stands ready to support Egypt
The International Monetary Fund said on Tuesday it stands ready to support Egypt in dealing with its "significant immediate economic…
Economists warn of setback due to uncertain political situation
Business
June 20, 2012
Economists warn of setback due to uncertain political situation
Some economists have expressed fears of an approaching setback to the nation’s economy because of the lack of vision for…
IMF to resume talks with Egypt after election
Business
June 15, 2012
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…
Economic situation endangered with polarized presidential run-off
Business
May 30, 2012
Economic situation endangered with polarized presidential run-off
The success of two polarizing figures in Egypt's presidential election could make it harder to put in place an effective…
IMF halts loan negotiations over political discord, finance minister says
Egypt
May 20, 2012
IMF halts loan negotiations over political discord, finance minister says
The procedures for securing a US$3.2 billion loan from the International Monetary Fund will stop due to concerns of fund…
IMF calls on Egypt to solve economic problems that led to revolution
Business
May 16, 2012
IMF calls on Egypt to solve economic problems that led to revolution
The International Monetary Fund on Tuesday called on Egypt to “look beyond the short term” and to address the economic…
Egypt gets US$1 bn from Saudis, clearing IMF hurdle
Business
May 10, 2012
Egypt gets US$1 bn from Saudis, clearing IMF hurdle
Saudi Arabia has transferred US$1 billion to Egypt's central bank, an Egyptian minister said on Thursday, in a move seen…
New budget would boost spending by 15 percent
Business
May 9, 2012
New budget would boost spending by 15 percent
The Finance Ministry has submitted a draft budget to the cabinet that would increase spending by 15 percent in the…
IMF official: Egypt needs to do more to secure aid
Business
May 2, 2012
IMF official: Egypt needs to do more to secure aid
DUBAI — Egypt needs to do more to secure a US$3.2 billion loan from the International Monetary Fund, including gathering…