A senior IMF official visiting Egypt this week to discuss the country’s stalled $4.8bn loan agreement has said the organisation remains committed to helping Egypt through its financial difficulties.
Masood Ahmed, head of the IMF’s Middle East and Central Asia Department said the Egyptian government had expressed “firm commitment” to implementing a “macroeconomic program that enjoys broad support”.
A spokesperson for Egyptian president Mohamed Morsi told reporters in Cairo there would be “no changes” to the economic plans presented by the government to the IMF, and no new IMF conditions, and that the IMF’s technical committee will return to Egypt in two to three weeks.
Egypt: IMF pledges support as Qatar doubles up | beyondbrics
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