IMF loan

Parliament committee stipulates Ganzouri cabinet would not use full IMF loan
Business

Parliament committee stipulates Ganzouri cabinet would not use full IMF loan

The People's Assembly Economic Affairs Committee linked its final approval of the IMF loan to assurances that the cabinet of…
Fears of stalled IMF loan negotiations after Parliament rejects govt statement
Egypt

Fears of stalled IMF loan negotiations after Parliament rejects govt statement

The parliamentary majority’s refusal of the cabinet’s February briefing to Parliament has raised concerns of economists and bankers over the…
IMF loan to Egypt being finalized, says official
Egypt

IMF loan to Egypt being finalized, says official

An International Monetary Fund loan to Egypt is in its final stages and will be announced within the coming weeks,…
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…
Finance minister expects to get IMF loan by end-June
Business

Finance minister expects to get IMF loan by end-June

Egypt's government expects to seal a loan from the International Monetary Fund by 15 May, allowing the money to be…
IMF loan stalled by FJP and government politicking
Business

IMF loan stalled by FJP and government politicking

Amid the commotion surrounding Egypt's presidential elections and the drafting of a new constitution, the Muslim Brotherhood has taken its…
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…
IMF loan faces political hurdles
Business

IMF loan faces political hurdles

Negotiations between the government and the International Monetary Fund over a US$3.2 billion loan were adversely affected by the position…
IMF says talks in Egypt were ‘productive’
Business

IMF says talks in Egypt were ‘productive’

The International Monetary Fund said Thursday an IMF team had fruitful talks with authorities in Egypt this week that could…
Advocacy group rejects government’s IMF-pleasing reform plan
Business

Advocacy group rejects government’s IMF-pleasing reform plan

A coalition of economists, activists and academics are condemning the government’s economic reform plan put forward by the Ministry of…
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