Finance minister promises no new taxes
Galal announced that no property taxes or income taxes would be modified…
IMF waiting for the “right time” for loan negotiations
The global lender said all discussions are being held with the technical…
Minister of Finance: Egypt’s government seeks to avoid austerity measures
Galal downplayed the importance of resuming talks with the International Monetary Fund…
Finance minister directs Gulf aid to foreign reserves and state budget
Expert: Value of aid is “economically misleading” and unlikely to raise the…
IMF: No contact yet with interim government
Spokesman says the decision to engage with the interim government depends on…
Washington to support Egypt’s economy
Prime Minister states that the US stands ready to support Egypt economically
EU €5bn aid to Egypt stands yet stymied by limited economic reform
Moran said he considers economic growth and Egypt’s inability to attract new…
PM discusses economic challenges
El-Beblawi also expressed his concerns over the country’s fuel supply situation.
Moody’s: Gulf aid is “credit positive”
Qatar, meanwhile, had granted Egypt $2.5bn in loan last January, and extended…