International Monetary Fund officials have resolved all major policy issues with Egyptian authorities in their discussions on a new lending programme, IMF Managing Director Kristalina Georgieva said on Friday.
Egypt has been pushing to tie up a new IMF package during the annual meetings of the IMF and World Bank in Washington this week, hoping to stem a currency crisis that has restricted imports and sparked market unease over foreign debt repayments.Register now for FREE unlimited access to Reuters.com
Not good.