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Egypt confident on IMF deal
- Egypt: Sunday, May 12 - 2013 at 07:28
Egypt's new planning minister Amr Darrag has said he was confident the country would reach a deal with the International Monetary Fund (IMF) on a $4.8bn loan programme, although the timing of its next visit to Cairo was unclear, Reuters has reported. "I am not sure about the time of return but what I am sure about is that we are going to close a deal because there is a lot of agreement," Darrag told the news service. "It is going to be closed," he said on the sidelines of a European Bank for Reconstruction and Development (EBRD) conference in Istanbul.
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