Egypt says IMF talks didn't agree anything specific

Middle East

Egypt says IMF talks didn't agree anything specific

March 18, 2013 02:07 PM

People and vehicles are seen caught in a traffic jam in front of the Central Bank of Egypt's headquarters in downtown Cairo March 17, 2013. REUTERS/Amr Abdallah Dalsh

CAIRO: Talks between the Egyptian government and an International Monetary Fund official did not produce agreement on anything specific, but paved the way for the arrival of an IMF technical team soon, government spokesman Alaa El-Hadidi said on Monday.

Egyptian Prime Minister Hisham Kandil met visiting IMF official Masood Ahmed on Sunday. Egypt is seeking a $4.8 billion IMF loan to ease an economic crisis rooted in more than two years of political turmoil.

Home

Middle East

Around the Web

Comments

Your feedback is important to us!

We invite all our readers to share with us their views and comments about this article.

Disclaimer: Comments submitted by third parties on this site are the sole responsibility of the individual(s) whose content is submitted. The Daily Star accepts no responsibility for the content of comment(s), including, without limitation, any error, omission or inaccuracy therein. Please note that your email address will NOT appear on the site.

comments powered by Disqus

Story Summary

Egypt is seeking a $4.8 billion IMF loan to ease an economic crisis rooted in more than two years of political turmoil.

	IMF team discusses $4.8 bln rescue loan for Egypt

	Mursi’s office denies reports that Egypt-IMF talks failed

	Egypt’s parliamentary election limbo keeps IMF loan on ice

	Egypt seeks to increase $4.8 bln IMF loan: minister

	Egypt loan talks end without deal

Entities

FOLLOW THIS ARTICLE

Interested in knowing more about this story?

Click here