International Monetary Fund (IMF)
Minister: Egypt asked IMF for $3.2 billion loan
Business
January 16, 2012
Minister: Egypt asked IMF for $3.2 billion loan
Egypt has asked the International Monetary Fund for US$3.2 billion in support, a government minister said on Monday, as the…
As Egypt returns to IMF, transparency still lacking
Business
January 15, 2012
As Egypt returns to IMF, transparency still lacking
Though largely billed as the country’s best and last hope to balance a growing budget deficit and to alleviate a…
US senator Kerry: Economy is Egypt’s main problem
Egypt
December 11, 2011
US senator Kerry: Economy is Egypt’s main problem
CAIRO — Egypt urgently needs a massive cash injection and should strike a deal with the International Monetary Fund as…
Military official sees Egypt foreign reserves plunging
Business
December 1, 2011
Military official sees Egypt foreign reserves plunging
Egypt's foreign reserves will plunge by a third to US$15 billion by the end of January and the budget deficit…
Egypt says IMF options open, has not asked for funds
Business
October 31, 2011
Egypt says IMF options open, has not asked for funds
Egypt is open to IMF funding, but the country has not made any formal request for aid since turning down…
Egyptian government considers IMF loan package again
Business
October 5, 2011
Egyptian government considers IMF loan package again
The Egyptian government is considering an International Monetary Fund (IMF) loan package that was rejected in the past, said Deputy…
Sharaf: IMF to support Egypt’s infrastructure projects
Egypt
September 22, 2011
Sharaf: IMF to support Egypt’s infrastructure projects
Prime Minister Essam Sharaf said the IMF has decided to provide aid to Egypt to support infrastructure projects, without mentioning…
Egypt’s Finance Minister does not rule out return to IMF
Business
July 19, 2011
Egypt’s Finance Minister does not rule out return to IMF
Egypt's finance minister-designate told Reuters on Tuesday that the government was committed to a market economy and to creating an…
IMF places US$3bn at disposal of Egypt
Business
July 2, 2011
IMF places US$3bn at disposal of Egypt
The International Monetary Fund (IMF) has placed US$3 billion at the disposal of Egypt to use whenever it wishes, even…
Egypt rejection of IMF cash may slow recovery
Business
June 28, 2011
Egypt rejection of IMF cash may slow recovery
Egypt's decision to scrap plans to borrow from the International Monetary Fund may slow an economic recovery, delay a solution…