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Egypt’s President Mohamed Mursi (R) meets with IMF Managing Director Christine Lagarde at the presidential palace in Cairo, in this August 22, 2012 file photo. (REUTERS/Amr Abdallah Dalsh)


Why is the IMF in a Hurry with Egypt?

Why is the IMF in a Hurry with Egypt?

by | Mar 14, 2013 | Opinion

This could be one of the few occasions when the IMF actively seeks to pressure a member state into taking out an urgent loan. The idea is that the funds would serve as a timely bridge until the county’s condition stabilizes, at which point both sides can negotiate a...