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Lagarde: IMF loan for Egypt won't be enough

By: Yossel in IMF/WORLD BANK | Recommend this post (0)
Fri, 20 Apr 12 8:18 PM | 628 view(s)
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Lagarde: IMF loan for Egypt won't be enough

1 of 2. IMF Managing Director Christine Lagarde listens to a question at a news conference at the Spring Meetings 2012 of the IMF and World Bank Group in Washington, April 19, 2012.

WASHINGTON (Reuters) - Egypt's request for a $3.2 billion IMF loan will not be enough to meet the country's financial needs and will require additional resources from donor countries, the head of the International Monetary Fund said on Wednesday.

Credit: Reuters/Larry Downing

WASHINGTON
Thu Apr 19, 2012 2:37pm EDT

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http://www.reuters.com/article/2012/04/19/us-imf-lagarde-egypt-idUSBRE83I16M20120419

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