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.
The pyramids of Giza seen from a taxi in Cairo, Egypt (file photo).
Aswat Masriya, 17 April 2013
Egypt is among Middle Eastern countries in need of a pressing financial adaptation, an International Monetary Fund (IMF) official said on Wednesday.read more »
Egypt State Information Service, 11 April 2013
Minister of Planning and International Cooperation Ashral el-Arabi has stressed the importance of mobilizing all efforts to expedite the agreement with the International Monetary... read more »
Presidential spokesperson, Yasser Ali has said that a loan from the International Monetary Fund illustrates the international organisation's faith in the country's economy to ... Read more »