The International Monetary Fund (IMF) works to realize Egyptian interests, not to shower the country with debt, said Christine Lagarde, managing director of the IMF.
Lagarde said she seeks to gain the confidence of her Egyptian counterparts and (...)
Robert Zolick, manager of the World Bank, said he has not been informed of any official decision from Egyptian authorities about canceling the bank's loan to Egypt that should help resolve its budget deficit.
Zolick said the bank is keen to (...)
The International Bank will send two delegations to Egypt and Tunisia to discuss how to restore the stolen money of the two countries during the former regimes.
The Illicit Gains Office of the International Bank, lead by Leonardo McCarthy, seeks (...)
The International Monetary Fund (IMF) has accepted the Egyptian government's desire to temporarily delay the loans. The IMF aims to support the Egyptian economy until determining the exact needs of Egypt's economy.
The IMF said the fund is (...)
Egypt's economy will recover over the next five years, said a report by the International Monetary Fund (IMF). The international economic organization issued a report discussing the future of Egypt's economy after the January 25 Revolution which (...)
