No. 55



Egypt Gives Some Details On Next Candidates For Privatization

As MEES went to press, it seemed likely that the International Monetary Fund (IMF) was about to agree to the long-awaited release of a $390mn loan which will in turn trigger some $4bn in debt forgiveness for Egypt by the Paris Club of sovereign creditors. What was less clear was the terms of the agreement between Egypt and the IMF. According to the Arabic daily al-Hayat, Egypt has commited...