International Monetary Fund
IMF mission to visit Egypt in early April for loan talks
Business
March 29, 2013
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
March 28, 2013
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
March 22, 2013
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
March 18, 2013
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…
Payments figures add to pressure for IMF deal
Business
March 15, 2013
Payments figures add to pressure for IMF deal
The country's current account deficit narrowed in July-December, data showed on Thursday, but economists said it remained a major problem…
IMF mission due in Cairo Sunday to discuss economic reforms
Business
March 14, 2013
IMF mission due in Cairo Sunday to discuss economic reforms
An International Monetary Fund delegation is due to arrive in Cairo on Sunday to renew discussions regarding economic reforms,…
Minister: Egypt does not need IMF bridging funding
Business
March 10, 2013
Minister: Egypt does not need IMF bridging funding
Egypt does not need bridging financing as offered by the International Monetary Fund to some countries, but rather broad structural…
US gives Egypt US$190 mn in aid
Egypt
March 10, 2013
US gives Egypt US$190 mn in aid
Egypt signed an agreement Sunday for US$190 million in aid from the US, Planning and International Cooperation Minister Ashraf al-Araby…