Harvard University’s Centre for International Development

Harvard University’s Centre for International Development latest

International Monetary Fund (IMF), which is holding talks with Egypt on a $4.8bn loan, says the country’s authority is progressing in technical talks as negotiations continue
(AFP Photo)

June 9th, 2013 - 04:00 GMT

Egypt, IMF making progress in loan negotiations

The statement comea a few weeks ahead of planned protests for 30 June and amid an already-ailing economy one year into President Mohamed Morsi’s tenure.