Skip to main content

Egypt weighs pros and cons of IMF loan

As the IMF reform program with Egypt is set to come to an end in August, future cooperation agreements between the two sides are yet to be revealed as experts weigh the pros and cons of the program.
RTS2GV42.jpg
Read in 

CAIRO — As the end of the economic reform program that the International Monetary Fund (IMF) asked Egypt to implement in exchange for a $12 billion loan draws near, Cairo has yet to officially reveal whether it intends to cooperate with the IMF once again.

Although Egyptian Finance Minister Mohamed Moeit said the country might renew cooperation with the IMF, the latter has yet to determine how such cooperation could unfold.

Access the Middle East news and analysis you can trust

Join our community of Middle East readers to experience all of Al-Monitor, including 24/7 news, analyses, memos, reports and newsletters.

Subscribe

Only $100 per year.