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Posted on: March 22nd, 2012 by Arif Mansour No Comments

IMF team concludes talks in Cairo

IMF

photo: IMF

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A team has been in Egypt headed by Masood Ahmed, the Director of the Middle East and Central Asian Department. They’ve been there for the past three days to lay the groundwork for the return of a technical team that can continue work on Egypt’s economic programme, which could in turn be supported by the Fund. According to David Hawley, Deputy Director, External Relations Department, “The mission has productive talks with the authorities and key political parties in parliament.”

IMF team’s purpose was to meet with key stakeholders in the country, including political and parliamentary leaders. This is to make sure that if and when a programme is agreed that there is a clear understanding on both sides about the support needed for implementing policies.

Asked during a news briefing about IMF’s response to criticism that it is negotiating with an unelected military government in a way that the parliament opposes, Hawley said: “the purpose of the mission that has just wrapped up in Cairo is to consult broadly with stakeholders in Egypt to ensure that should there be a program, that it enjoys broad political and social support.”

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