Latest in Tag: IMF Highlight

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Latest in Tag: IMF


External debt: a tricky, dangerous route towards reform

Egypt’s negotiations for loans from the International Monetary Fund, World Bank, and the African Development Bank would increase the country’s external debt to approximately $70bn. Yet, the government views the loans as a way for reforming poor economic conditions that have plagued the country since 2011, and a tool to attract foreign investment.   Essentially, …

Hisham Salah

International economic expert Mohamed El-Erian

Egyptians’ support for IMF loan connected to their understanding of economic reform programme: El-Erian

International economic expert Mohamed El-Erian said that Egypt’s success in handling the International Monetary Fund (IMF) loan is subject to the economic reform programme being written by Egyptians in order to take the citizens’ situation into consideration. El-Erian added, in an interview with TV anchor Lamis El-Hadidi on CBC channel from the United States (US), …

Daily News Egypt


Egypt cannot afford to postpone the IMF loan: expert

  During his meeting with the editors-in-chief of national newspapers on Friday, President Abdel Fattah Al-Sisi talked about the loan that Egypt is seeking from the International Monetary Fund (IMF). This was the first time that the president tackled the country’s negotiations with the IMF, as he ensured that economic reforms will be implemented and …

Hisham Salah


The 3-week challenge: the IMF’s tricky homework for Egypt

When the people of Egypt heard that the government was willing to take a loan from the International Monetary Fund (IMF), they didn’t think that the government had decided to walk down a hard, tiring path. They didn’t know that Egypt would apply austerity measures that would affect their lives, by cutting its subsidies for …

Hisham Salah

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