Egypt Finance Headlines

IMF urges Egypt to cancel low-interest loans initiatives as talks enter final phase

The International Monetary Fund (IMF) is calling on Egypt to cancel all low-interest lending initiatives including loans for small- and medium-sized enterprises (SMEs) and businesses operating in the tourism and mortgage sectors, three government sources who asked not be named told Al-Sharq business. The Washington-based institution told the central bank to cancel all low-interest initiatives, […]