Middle East Economic Survey

VOL. LIV

No 46

14-Nov-2011

EGYPT

Egypt To Receive $400Mn In IDB Funding As IMF Stays Mum On Aid

Jiddah-based Islamic Development Bank (IDB) has offered Egypt up to $400mn in funding in order to help the country finance its imports of petroleum products, wheat and other foodstuffs, Egypts official Middle East News Agency (MENA) reported on 5 November. The funds, according to reports, were offered by the multilateral lenders trade financing arm the International...