11 November 2012

Egypt: Movements, Parties to Protest Against IMF Loan Monday

The Popular Campaign to Drop Egypt's Debt called on Sunday for a protest on Monday at 5 pm against the $4.8 billion International Monetary Fund (IMF) loan the cabinet of Prime Minister Hisham Kandil is negotating for.

Monday's demonstration held under the title "No to the IMF loan... the people want to know... the people are the decision makers" is a protest against the confidentiality of discussions between the government and the fund.

It is also a protest against the complete absence of societal participation in formulating the details of the governmental economic programme that concerns the lives of many, the campaign said.

The protest will march from the stock exchange building in downtown Cairo until it reaches the cabinet of ministers building.

A number of parties and movements including the Strong Egypt Party, the Revolutionary Socialists, the Egyptian Popular Current and Mina Danial Movement will participate in the march.

Copyright © 2012 Aswat Masriya. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.