International Monetary Fund (IMF)

Egypt seeking political consensus for IMF rescue
Business

Egypt seeking political consensus for IMF rescue

WASHINGTON — Egypt is seeking to build a political consensus to back a much-needed financial support program from the International…
IMF delegation head: We won’t impose conditions for loan
Business

IMF delegation head: We won’t impose conditions for loan

The International Monetary Fund (IMF) will not impose conditions on Egypt in exchange for a loan of US$3.2 billion, Massoud…
Egypt signs US$200 million loan with World Bank
Business

Egypt signs US$200 million loan with World Bank

The Egyptian government is signing an agreement with the World Bank for a loan of US$200 million, Minister of Planning…
IMF has put no conditions on loan to Egypt, says minister
Egypt

IMF has put no conditions on loan to Egypt, says minister

Fayza Abouelnaga, Egypt’s Minister of Planning and International Cooperation, said on Monday that the cabinet has started negotiations with the…
Minister: Egypt asked IMF for $3.2 billion loan
Business

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

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

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

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

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

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…
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