International Monetary Fund
Finance minister: Egypt will accept IMF funding package
Business
November 18, 2011
Finance minister: Egypt will accept IMF funding package
Egypt intends to accept a funding package of US$3.2 billion from the International Monetary Fund (IMF) it had rejected earlier…
World Bank officials to visit Egypt again over borrowing
Egypt
November 14, 2011
World Bank officials to visit Egypt again over borrowing
World Bank officials plan to visit Cairo to examine the possibility of giving loans to Egypt, said Vakhtang Lejava, a…
Amid debt concerns, large World Bank projects continue
Business
October 31, 2011
Amid debt concerns, large World Bank projects continue
As Egyptian civil society calls for the eradication of debts incurred under former President Hosni Mubarak, Egypt’s government continues to…
Drop ‘dictator debt,’ activists and economists say
Business
October 28, 2011
Drop ‘dictator debt,’ activists and economists say
Egypt has a budget deficit of nearly 10 percent of GDP and the finance minister recently said that the country…
Govt: IMF to toughen Egypt’s loan conditions
Business
October 9, 2011
Govt: IMF to toughen Egypt’s loan conditions
The International Monetary Fund (IMF) will impose more stringent conditions on loans to Egypt, a senior Egyptian government official told…
IMF delegation to visit Egypt over future borrowing
Business
October 2, 2011
IMF delegation to visit Egypt over future borrowing
International Monetary Fund (IMF) officials proposed to amend the conditions tied to Egypt’s request to borrow US$3 billion in June…
Authorities to investigate funding of unregistered NGOs
Egypt
September 26, 2011
Authorities to investigate funding of unregistered NGOs
The Egyptian government has filed a report on illegal foreign funding for civilian organizations, Minister of Planning and International Organization,…
Finance minister says Egypt won’t ask for IMF, World Bank loans
Business
September 21, 2011
Finance minister says Egypt won’t ask for IMF, World Bank loans
Egypt will not approach the International Monetary Fund (IMF) or the World Bank for loans, Finance Minister Hazem al-Beblawy said…
Egypt T-bill yields surge, foreign cash may be needed
Business
September 21, 2011
Egypt T-bill yields surge, foreign cash may be needed
Yields at Egyptian Treasury bill auctions have hit levels last seen during the 2008 global financial crisis and traders said…
Egypt discusses finance package with Saudi, UAE
Business
September 19, 2011
Egypt discusses finance package with Saudi, UAE
Egypt is discussing financial packages for budgetary and other support with Saudi Arabia and the United Arab Emirates that could…