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You are here: Home»World»Africa»Egypt says to reassure IMF on economy, government plans

bigqwCAIRO: Egypt will seek to reassure an IMF delegation about the state of the economy and government plans on Monday, Prime Minister Hisham Kandil said in remarks reported by the state news agency.

 

The government would also explain Cairo's reasons for postponing conclusion of a deal to secure a $4.8-billion loan from the IMF, he said.

 

The government would assure IMF officials about the "soundness of the government's orientation and the ability of the Egyptian economy to recover," Kandil said.

 

Center>Copyright Reuters, 2013


 



 
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Annual2013/14
Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
MonthlyAugust
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 20, 2014
Reserves $13.436 bln