Shows & Panels
- AFCEA Answers
- Ask the CIO
- The Big Data Dilemma
- Carrying On with Continuity of Operations
- Connected Government
- Constituent Servicing
- Continuous Monitoring: Tools and Techniques for Trustworthy Government IT
- The Cyber Imperative
- Cyber Solutions for 2013 and Beyond
- Expert Voices
- Federal Executive Forum
- Federal IT Challenge
- Federal Tech Talk
- Mission-critical Apps in the Cloud
- The Path from Legacy Systems
- The Real Deal on Digital Government
- The Reality of Continuous Monitoring... Is Your Agency Secure?
- Veterans in Private Sector: Making the Transition
Shows & Panels
IMF delegation resumes talks with Egypt over loan
Monday - 3/18/2013, 1:14am EDT
CAIRO (AP) -- A top International Monetary Fund official has begun several more weeks of talks with Egyptian officials over the country's economic reform program to secure a $4.8 billion loan.
In an IMF statement, top official Masood Ahmed said he welcomes Egyptian determination to move forward with their economic reform program.
The IMF has in the past pushed for reforms in taxation and subsidies before granting loans. Egypt sees the loan as a lifeline to boost critically low foreign reserves and lure back foreign investors.
Ahmed met with officials Sunday in Cairo, including Egypt's prime minister and the central bank governor.
Talks were delayed in December when violent protests erupted and the president was forced to rescind austerity plans. Investors and activists demanded a national dialogue on the changes first.
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.