International Monetary Fund (IMF)

March 26, 2012

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…

March 19, 2012

Mohamed Morsy, president of the Freedom and Justice Party, said on Monday he did not receive sufficient clarification from the government…

February 29, 2012

Egypt's interim government will have to muster all its skills of persuasion to sell austerity measures to a country…

February 29, 2012

When Egypt's stock market index climbed this week to its highest level since last July, it was more than a…

February 22, 2012

The Freedom and Justice Party has yet to announce its official stance concerning borrowing from the International Monetary Fund, said…

February 7, 2012

The total amount of resources in the new budget is estimated at LE350 billion and the deficit stands at LE141…

February 2, 2012

The World Bank said on Thursday that Egypt has asked for a US$1 billion loan and it will launch talks…

January 29, 2012

The government has put the final touches on a new economic reform program to resolve the current economic crisis. Government…

January 26, 2012

Egypt plans to officially apply for US$1 billion in loans from the World Bank and the African Development Bank, the…

January 19, 2012

The Salafi Nour Party has criticized the government for plans to borrow from international financial institutions rather than implementing an…