EconSource: Even with Billions in Gulf Aid, Egypt May Still Turn to IMF

Egypt’s on-and-off talks with the International Monetary Fund (IMF) may be back on again, as investors say IMF loans offer a stronger platform for reviving the Egyptian economy than the Gulf money currently keeping it afloat. Even with signs of a recovery in tourism and investment, the gap between Egypt’s foreign currency receipts and needs … Continue reading EconSource: Even with Billions in Gulf Aid, Egypt May Still Turn to IMF