Sunday 18 March 2012

IMF team arrives in Cairo for loan talks - FT.com

An International Monetary Fund team has arrived in Cairo for talks on a $3.2bn loan facility, seen by the government and analysts as crucial to warding off a financial crisis after more than a year of political turmoil.
The team is to start its five-day mission with talks on Monday about the proposed loan with Freedom and Justice, the main Islamist party in parliament, which is expected to lead the country’s next government.

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