Growth, deficit cut priority says Egypt PMEgypt's new prime minister said on Sunday he was finalising an economic reform plan that would rein in hefty subsidies and said the economy is expected to grow in the current financial year by 3 to 4 per cent or more if investment goals are More… |
Egypt MPs snub plan, IMF loan in doubtEgypt's parliament overwhelmingly rejected the army-appointed cabinet's plan to cut state spending on Tuesday, complicating the government's efforts to secure IMF help to fight a balance of payments crisis. The International Monetary Fund More… |