Latest in Tag: IMF Highlight

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Latest in Tag: IMF


Wael Eskandar

Egypt digs itself back to 1977

Ahmed Kamal, a medical student, was arrested by police and delivered to his family the following day via the mortuary. Ahmed had been sentenced to two years in absentia and only recently arrested and killed by Egyptian police, possibly tortured to death. Sometime in the past this may have been breaking news, causing outrage in …

Wael Eskandar

Richard Banks

A vital autumn for Cairo’s policy-makers

  Egypt has recently been the subject of a number of deeply unflattering articles in the international business media.  Many criticisms have been levelled at the actions, and inaction, of Cairo’s economic policy-makers. These criticisms have not made many friends in Egypt—so I do not propose to repeat them. I also think that, like much …

Richard Banks

imf_logo

The feasibility of Egypt’s IMF loan

On 11 August, the International Monetary Fund (IMF) announced that it had reached an initial agreement with Egypt to lend the country $12bn over a three-year period, joining Iraq, Tunisia, and Jordan in taking money from the Washington-based fund. Egypt’s programme is likely to see the government of President Abdel Fattah Al-Sisi move toward a …

Hisham Salah

Moataz Bellah Abdel-Fattah

The IMF loan: a possible success or failure?

Some people adopt points of view based on a somewhat ideological basis. At the moment, some people either accept or refuse the idea of obtaining a loan from the International Monetary Fund (IMF), despite many countries having made good use of their loans—though some have not. While writing this article I discovered that Al-Youm Al-Sabea …

Moataz Bellah Abdel-Fattah