Sunday 6 January 2013

The Coming Crisis: Egypt strengthens Islamist role in cabinet, eyes IMF deal

The Coming Crisis
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Egypt strengthens Islamist role in cabinet, eyes IMF deal
Jan 6th 2013, 17:45

Egypt's president added fellow Islamists to a reshuffled government on Sunday and the new finance minister pledged to finish talks on an IMF loan to stave off a currency crisis that risks provoking more popular unrest.

A senior IMF official is due in Cairo on Monday to meet Egyptian leaders over the $4.8 billion loan deal, which was postponed last month to give Egypt more time to tackle political tensions before introducing unpopular austerity measures.

http://www.reuters.com/article/2013/01/06/us-egypt-government-idUSBRE90509220130106

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