International Monetary Fund

Political powers to protest IMF loan
Egypt

Political powers to protest IMF loan

A number of political powers and movements are staging a protest on Wednesday in front of the High Court to…
Egypt seeking US$465 million loan from Arab Monetary Fund
Business

Egypt seeking US$465 million loan from Arab Monetary Fund

Officials are in negotiations for a US$465 million from the Arab Monetary Fund, said Finance Minister Morsy Hegaz in an…
Official: IMF could change size of US$4.8 bln Egypt loan
Egypt

Official: IMF could change size of US$4.8 bln Egypt loan

DUBAI — The International Monetary Fund could conceivably change the size of the US$4.8 billion loan which it is negotiating…
IMF negotiations to resume Wednesday
Egypt

IMF negotiations to resume Wednesday

Cabinet spokesperson Alaa al-Hadidy said the International Monetary Fund delegation will arrive in Cairo on Wednesday to resume negotiations that…
IMF mission to visit Egypt in early April for loan talks
Business

IMF mission to visit Egypt in early April for loan talks

The International Monetary Fund said on Thursday it would visit Egypt in the "first days of April" for talks with…
Budget deficit climbs to LE146.5 bln
Business

Budget deficit climbs to LE146.5 bln

  The national budget deficit jumped to LE146.5 billion from July 2012 to February 2013, a rise that is equivalent…
Moody’s downgrades Egypt, citing unsettled political conditions, weak finances
Business

Moody’s downgrades Egypt, citing unsettled political conditions, weak finances

Moody's cut Egypt's credit rating on Thursday, citing unsettled political conditions and public finances, which it said raised the chance…
Egypt rejects link between IMF loan and stalled polls
Business

Egypt rejects link between IMF loan and stalled polls

Egypt rejected on Monday any link between stalled parliamentary elections and its drive to secure a loan from the IMF…
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