Middle East Economic Survey
VOL. LIV
No 39
26-Sep-2011
EGYPT
Egypt Reconsiders Borrowing From The IMF
The Egyptian government is reconsidering the option of borrowing from the International Monetary Fund (IMF) to finance part of its budget deficit, after having dismissed this possibility in June (MEES, 4 July). Reports from Egypt quote well informed sources that the government, together with the Supreme Council of the Armed Forces are looking into borrowing some $3bn from the IMF to finance...
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