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A man carries bread on wooden racks to be sold to customers in Cairo, on April 11, 2013. (REUTERS/Amr Abdallah Dalsh)


Egypt–IMF Deal Hopes Fading

Egypt–IMF Deal Hopes Fading

by | Apr 30, 2013 | Business

London, Asharq Al-Awsat—Egypt is facing an uncertain economic future after parliament postponed its reading of a vital new income tax law needed to secure a USD 4.8 billion IMF loan. The Egyptian parliament halted the reading of the controversial new income tax law on...