Egypt's IMF Loan May be Costly


The government faces a difficult choice between a conditional multi-billion dollar loan from the International Monetary Fund and reforming the subsidy system.
  • Egypt:  Walking the IMF Tight Rope

    ThinkAfricaPress, 16 April 2013

    The IMF's proposed $4.8 billion loan could be crucial for restoring Egypt's faltering economy. But implementing the IMF's conditions would be socially and politically costly. read more »

The pyramids of Giza seen from a taxi in Cairo, Egypt (file photo).

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