International Monetary Fund

Egypt struggles to buy fuel as credit dries up
Business

Egypt struggles to buy fuel as credit dries up

  LONDON/CAIRO — Egypt is finding it increasingly difficult to import fuel as foreign banks and traders pull the plug…
IMF envoys: Egypt visit is to express solidarity, not discuss loan details
Business

IMF envoys: Egypt visit is to express solidarity, not discuss loan details

The International Monetary Fund's delegation in Cairo met with representatives from the economic ministries to agree on the steps Egypt…
After a year of uncertainty, Qatar and IMF open pockets
Egypt

After a year of uncertainty, Qatar and IMF open pockets

The Egyptian government entered negotiations with the International Monetary Fund for a US$4.8 billion loan on Wednesday, taking the most…
Update: IMF loan violates Sharia, says Nour Party
Egypt

Update: IMF loan violates Sharia, says Nour Party

The government should not borrow from the International Monetary Fund to boost the country’s cash reserve, the Salafi Nour Party…
IMF chief arrives in Cairo to discuss loan
Business

IMF chief arrives in Cairo to discuss loan

Christine Lagarde, managing director of the International Monetary Fund, arrived in Cairo Tuesday for a two-day visit to hold talks…
Living on borrowed time: Morsy’s political economics
Business

Living on borrowed time: Morsy’s political economics

President Mohamed Morsy is seeking to use public spending to build a base of support in diverse sectors of society,…
New government to approach IMF soon, finance aide says
Business

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

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…
IMF halts loan negotiations over political discord, finance minister says
Egypt

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

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…
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