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Vol 54 No 9

Published 26th April 2013


Egypt

Patience snaps over IMF

Two senior Finance Ministry officials resign over the government’s continuing refusal to grasp the nettle of an IMF package

Talks with the International Monetary Fund and other financiers over a US$15 billion package of assistance and structural reform continue but the Muslim Brotherhood-dominated government keeps erecting obstacles. Observers worry that the MB and President Mohamed Mursi are chiefly concerned with consolidating their positions in power, whatever the cost to the economy.

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