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IMF Egypt

Egypt IMF loan

Egypt says IMF deal doesn’t need approval

"In accordance with the constitutional declaration, any international agreement needs to be approved by the legislative authority, and in the absence of parliament, President Mohamed Mursi is empowered to take such decisions"

September 25, 2012 8:49
 

IMF Visit To Egypt Delayed For Few Weeks

Egypt, whose economy was hammered by the uprising that unseated Hosni Mubarak in February, turned down a $3 billion IMF facility in June last year, with the ruling military generals reluctant to work up debts without a popular mandate.

January 3, 2012 3:57
 
Egypt sees billions in aid from Saudi, UAE soon

Egypt sees billions in aid from Saudi, UAE soon

Egypt expects $500 million from the Arab Monetary Fund by end-2011, according to its Finance Minister. Meanwhile, IMF aid remains an option as economy grows 2-3 percent this fiscal year.

September 8, 2011 2:45