Egypt’s $12 Billion IMF Talks: A Guide to What to Expect

Updated on
  • Central bank likely to deliver on promise of flexible currency
  • More taxes, subsidy cuts could be needed to achieve targets

Egypt's $12B IMF Loan Talks: What We Can Expect

Egyptian officials are holding talks in Cairo with the International Monetary Fund over a loan to help finance the government’s economic program. Egypt is seeking $12 billion over three years.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.