Egypt wavers on brink of IMF deal By Paul Taylor C
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Posted On: 04/15/2013 1:56:35 AM
Egypt wavers on brink of IMF deal
By Paul Taylor CAIRO (Reuters) - Egypt is close to an agreement with the International Monetary Fund on a $4.8 billion loan that would help it fight a deepening economic crisis but is still bristling at the conditions, diplomats said. An IMF programme could help stabilise Egypt's economy in the rocky transition to democracy since the 2011 overthrow of former President Hosni Mubarak, unlocking up to $15 billion in aid and investment to improve a dismal business climate. ...
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