Sunday, January 6, 2013

Reuters: US Dollar Report: Egypt ready to complete IMF talks - new finance minister

Reuters: US Dollar Report
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Egypt ready to complete IMF talks - new finance minister
Jan 6th 2013, 09:23

CAIRO | Sun Jan 6, 2013 4:23am EST

CAIRO Jan 6 (Reuters) - Egypt's incoming finance minister, Al-Mursi Al-Sayed Hegazy, said on Sunday he was ready to complete discussions with the International Monetary Fund on a $4.8-billion loan designed to prop up Egypt's struggling economy.

Hegazy, expected to be sworn in by President Mohamed Mursi later in the day, was speaking after meeting Prime Minister Hisham Kandil. A senior IMF official is due to meet Egyptian leaders on Monday, a local newspaper reported.

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