Cairo is trying to secure a $4.8 billion IMF loan to shore up its finances as the economy faces a deep crisis rooted in two years of political turmoil that have drained foreign currency reserves to a critical level.
February 27, 2013 5:22
It was never going to be easy to reform and repair Egypt's finances. It is clear now that it won't be quick either says Una Galani
October 30, 2012 9:37
Minister designate does not rule out return to IMF; Sees temporary difficulties, long-term outlook good; Investors have been concerned about policy direction - Reuters
July 20, 2011 12:57
Una Galani thinks Cairo's rebuff leaves it drawing on an even higher ratio of aid from undemocratic Gulf donors that have their own foreign policy agendas.
June 28, 2011 1:18
Egypt also seeks more funds from Kuwait development fund; FinMin sees economic growth doubling next year
April 27, 2011 4:02