Sunday, 21 April 2013

Economy News Headlines - Yahoo! News: IMF, Egypt say working to reach loan deal in 'coming weeks'

Economy News Headlines - Yahoo! News
Get the latest economy news headlines from Yahoo! News. Find breaking economy news, including analysis and opinion on top economy stories, photos and more.
IMF, Egypt say working to reach loan deal in 'coming weeks'
Apr 21st 2013, 23:53

International Monetary Fund (IMF) Managing Director Christine Lagarde speaks at a news conference during the Spring Meeting of the IMF and World Bank in WashingtonWASHINGTON (Reuters) - The International Monetary Fund and Egyptian officials said on Sunday they were working to reach a deal on a proposed $4.8 billion loan in "coming weeks," citing progress in weekend talks in Washington. "Work will continue with the objective of reaching agreement on an IMF stand-by arrangement to support the authorities' national economic program in the coming weeks," IMF Managing Director Christine Lagarde and Egyptian finance officials said in a joint statement. ...


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