Egypt: Interim government faces tough task selling IMF reforms
01.03.2012
Egypt's interim government will have to muster all its skills of persuasion to sell austerity measures to a country weary after a year of political and economic strife, if details emerging on Cairo's planned deal with the IMF are anything to go by. Egypt wants the $3.2 billion IMF accord to help it head off a looming crisis. But in return the IMF wants Egypt to cut its budget deficit.