EGYPT
 
Cairo Reinstates IMF Loan Negotiator
 
The Egyptian government has decided to reinstate Hani Qadri in the position of chief government negotiator of the $4.8bn IMF standby loan arrangement, after accepting his resignation with effect from 30 April (MEES, 3 May). A Ministry of Finance official source said on 2 May that Mr Qadri will stay in his position because he is the only expert at the Ministry of Finance who is competent and experienced to deal in the IMF...