Exclusive: Egypt's Islamist candidate says IMF deal unlikely




 
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Exclusive: Egypt's Islamist candidate says IMF deal unlikely
 
April 9th, 2012  
News Manager
 

Topic: Exclusive: Egypt's Islamist candidate says IMF deal unlikely


Exclusive: Egypt's Islamist candidate says IMF deal unlikely
CAIRO (Reuters) - Egypt's Muslim Brotherhood has warned the government it will not support an IMF loan unless the terms are changed or it moves aside and allows a new administration to oversee how the funds are spent, its candidate for president said on Sunday. The government has been negotiating a $3.2 billion loan with the International Monetary Fund (IMF) to help it avert a balance of payments crisis caused by the political and economic turmoil of the last year, and an IMF technical team is now in Cairo. ...




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