Egypt Seeks IMF Loan To Boost International Economic Confidence
In this Wednesday, Jan. 2, 2013 file photo, Egyptian brokers work at the stock market in Cairo, Egypt. As Egypt begins the latest round of talks with the International Monetary Fund for a $4.8 billion loan, the government says it will boost international confidence in its economy. However, critics question whether the president’s Muslim Brotherhood group has the ability to carry out unpopular austerity measures ahead of crucial parliamentary elections that will take place in the coming months.
In this Wednesday, Jan. 2, 2013 file photo, Egyptians count money at a currency exchange office in downtown Cairo, Egypt. <AP Photo/Khalil Hamra, File>