Financial and Banking News
BUDGETS AND REVENUES
Egypt/IMF Talks Resume after Delay
After a week's delay the latest round of negotiations between the EgyptianGovernment and the International Monetary Fund (IMF) began in Cairo on 2September. Egypt needs a green light from the IMF both to release $150mn worthof a standby credit and in order to pursue negotiations on reschedulingagreements covering $7.5bn worth of its foreign debt to Paris Club creditors,representing...