Arab Today, arab today imf leave cairo after \positive\ talks
Last Updated : GMT 22:20:05
Arab Today, arab today
Arab Today, arab today

IMF leave Cairo after \'positive\' talks

Arab Today, arab today

Arab Today, arab today IMF leave Cairo after \'positive\' talks

Cairo - Arabstoday

An International Monetary Fund [IMF] delegation left Cairo on Monday morning after day-long talks with the Egyptian government over a $4.8 billion loan which both parties portrayed as positive. Discussions were based on a revised economic programme, suggested by the government, which involves more gradual measures to tackle Egypt\'s budget deficit than the programme it presented to the fund last November. The revised programme will \"preserve growth rates, jobs, and protect the poor,\" the Egyptian government said. Loan negotiations stalled in December after President Morsi\'s government failed to implement a stringent economic reform plan, including a raft of tax hikes, as part of its preliminary agreement with the fund. \"We\'ve made very good progress, and we had very constructive discussions,\" said Masood Ahmed, director of the IMF\'s Middle East and Central Asia department, after meeting Egyptian Prime Minister Hisham Qandil in Cairo. \"We agreed that our discussions would continue diligently over the coming weeks with the aim of reaching agreement on possible financial support from the IMF,\" added Ahmed, who headed the delegation which met with Central Bank of Egypt Governor Hisham Ramez, as well as Egypt\'s finance and planning ministers. The IMF has offered Egypt emergency funding until it implements the reforms necessary to secure the larger $4.8 billion package, which might not happen until after the country\'s legislative elections. Elections for Egypt\'s lower house of parliament, which was dissolved in June 2012, were scheduled to start on 22 April until a court ruled the electoral law to be unconstitutional, forcing the country\'s electoral commission to scrap its timetable.     Albawaba Business

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today imf leave cairo after \positive\ talks Arab Today, arab today imf leave cairo after \positive\ talks

 



Arab Today, arab today
Arab Today, arab today Accessories designer reveals her new collection

GMT 18:57 2017 Tuesday ,21 March

Accessories designer reveals her new collection
Arab Today, arab today Laptop ban sparks ire

GMT 09:02 2017 Thursday ,23 March

Laptop ban sparks ire
Arab Today, arab today Sheds light on major steps in 12-year career

GMT 06:07 2017 Monday ,27 February

Sheds light on major steps in 12-year career
Arab Today, arab today Dozens dead in US-led Syria strikes

GMT 08:35 2017 Thursday ,23 March

Dozens dead in US-led Syria strikes
Arab Today, arab today AT&T, Verizon join Google ad boycott

GMT 10:30 2017 Thursday ,23 March

AT&T, Verizon join Google ad boycott
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Yemeni official warns education is under threat

GMT 12:03 2017 Tuesday ,14 March

Yemeni official warns education is under threat
Arab Today, arab today Number of unwedded girls amounts to 2.5m

GMT 22:00 2017 Thursday ,23 March

Number of unwedded girls amounts to 2.5m
Arab Today, arab today 2017 already marked

GMT 15:25 2017 Tuesday ,21 March

2017 already marked
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Audi RS 5 Coupe acquires new design

GMT 13:22 2017 Thursday ,23 March

Audi RS 5 Coupe acquires new design
Arab Today, arab today Renault Trezor wins design award

GMT 11:56 2017 Tuesday ,21 March

Renault Trezor wins design award
Arab Today, arab today Donia Abdel Aziz participates in "Game of Silence"

GMT 07:12 2017 Tuesday ,21 March

Donia Abdel Aziz participates in "Game of Silence"
Arab Today, arab today Mexico threatens to ditch US corn imports

GMT 10:34 2017 Tuesday ,21 March

Mexico threatens to ditch US corn imports

GMT 07:39 2017 Monday ,20 March

Dalia Mustafa believes in the presence of ghosts

GMT 19:27 2017 Saturday ,11 March

Boualsof launches "Priestess Kahina" collection

GMT 16:41 2017 Monday ,20 March

Preserving the memory of glaciers

GMT 19:45 2017 Monday ,20 February

Sarah Belamesh designs antiques of "ceramic"

GMT 13:11 2017 Tuesday ,21 March

Web-based counseling lowers blood pressure

GMT 10:18 2017 Tuesday ,21 March

Kuwait's tourism industry to be worth

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 22:39 2017 Thursday ,09 March

Zuhair Murad presents his new collection "Resorts"
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday