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SCAF has not raised Egypt's foreign debt ceiling, so far: Official The IMF may yet ink a $3 billion loan deal with Egypt despite disagreements between the country's military and finance and planning ministries over foreign borrowing, an insider tells Ahram Online Salma Hussein, Thursday 27 Oct 2011 The current visit of an IMF delegation to Cairo could end up yielding a loan agreement, a finance ministry official has told Ahram Online on condition of anonymity.

Egypts,economic,reform,proposals,ignore,social,justice,Civil,group,-,Economy,-,Business

"1991"

Egypt's Revolution has cost the country, up to September, US$9.79 billion, according to a report issued by consultancy group Geopolicity. Titled "The cost of the Arab spring & Roadmap for G20/UN support", the report shows results of a costing exercise undertaken by Geopolicity, based on data from the International Monetary Fund (IMF). It accounts for the impact of productivity losses on GDP and public finance, but excludes losses to human life, infrastructure damage and business and foreign direct investment losses. The near 10 billion dollars shed by Egypt are divided among the $4.27 billion cost to GDP and $5.52 billion in lost public finances.

Finance Minister Hazem El-Beblawi says Qatar transferred $500 million last week as a grant to Egypt for budgetary support

The government announced in January its plan for a 33 per cent hike in the prices it charges heavy industry for of natural gas and electricity in a bid to narrow its growing budget deficit. Natural gas prices will be raised from $3 to $4 per million British thermal units while electricity prices will climb from LE0.24 to LE0.30 per kilowatt hour.

"الحملة الشعبية لإسقاط ديون مصر تدين قرض صندوق النقد"

Dec 15th