{"id":611232,"date":"2023-12-04T00:00:00","date_gmt":"2023-12-04T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/could-the-war-on-gaza-help-us-secure-a-larger-imf-loan\/"},"modified":"2023-12-04T00:00:00","modified_gmt":"2023-12-04T00:00:00","slug":"could-the-war-on-gaza-help-us-secure-a-larger-imf-loan","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/could-the-war-on-gaza-help-us-secure-a-larger-imf-loan\/","title":{"rendered":"Could the war on Gaza help us secure a larger IMF loan?"},"content":{"rendered":"<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>It was another econ-heavy night on the airwaves<\/strong>, as our favorite talk show host Lamees El Hadidi brought us the latest on our IMF loan agreement. The remaining talking heads were hyperfixed on the presidential elections. <\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>War on our border = more money from the IMF? <\/strong>Egypt is well-positioned to secure a larger loan agreement from the IMF given the country\u2019s economic resilience amid unprecedented pressures, House Budget Committee head Fakhri El Fiqi told El Hadidi (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=zJ-VOIBBinU\" style=\"\" rel=\"noopener\">watch, runtime: 10:25<\/a>). \u201cEgypt can commit to a more flexible exchange rate as long as it doesn\u2019t pose a threat to national security,\u201d El Fiqi said, explaining that this can only be achieved if inflation falls to the CBE\u2019s target of 7% (\u00b12%) and the economy has enough FX reserves to be to maintain the price of the EGP against the greenback.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>Refresher<\/strong>: The IMF has been slow to move forward with Egypt\u2019s USD 3 bn loan program, with our March and September reviews both getting pushed back as authorities fail to meet the fund\u2019s conditions. Last we heard the fund is <a target=\"_blank\" href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/2e3b6af2-e413-454a-ad16-4b0f5e9184cb\" style=\"\" rel=\"noopener\">\u201cseriously considering\u201d<\/a> increasing our loan program as the conflict in Gaza poses difficulties for the country, with Egypt reportedly in talks to raise the program to USD 5 bn.<\/p>\n<p style=\"padding:0;margin:0;line-height:1.15;orphans:2;widows:2;text-align:left\"><strong>AND- Getting a little patriotic: <\/strong>As Egyptians at home prepare to head to the polls to cast their vote in the 2023 presidential elections, El Hekaya\u2019s Amr Adib (<a target=\"_blank\" href=\"https:\/\/www.youtube.com\/watch?v=0rKcmKAxdU0\" style=\"\" rel=\"noopener\">watch, runtime: 1:24<\/a>) called on his viewers to \u201crespect themselves, their children, and their future\u201d and vote. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>It was another econ-heavy night on the airwaves, as our favorite talk show host Lamees El Hadidi brought us the latest on our IMF loan agreement. The remaining talking heads were hyperfixed on the presidential elections. War on our border = more money from the IMF? Egypt is well-positioned to secure a larger loan agreement [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":611233,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7232],"tags":[104,7311,72,272,106],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-611232","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-last-nights-talk-shows","tag-economy","tag-election-2023","tag-enterpriseam","tag-imf","tag-last-nights-talk-shows","wpautop","entry"],"acf":{"mongo_id":"d2b06da4-6f1f-4385-97bd-c055c0bd7423","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2023\/12\/155.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Egyptian talk shows cover the latest on our IMF agreement + 2023 elections","related_issue":[611212],"teaser":"","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2023\/12\/.1b106037-7d32-4b2d-8e94-0ca3ba0675b3.mp3"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Could the war on Gaza help us secure a larger IMF loan? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/could-the-war-on-gaza-help-us-secure-a-larger-imf-loan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Could the war on Gaza help us secure a larger IMF loan?\" \/>\n<meta property=\"og:description\" content=\"It was another econ-heavy night on the airwaves, as our favorite talk show host Lamees El Hadidi brought us the latest on our IMF loan agreement. The remaining talking heads were hyperfixed on the presidential elections. War on our border = more money from the IMF? Egypt is well-positioned to secure a larger loan agreement [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/could-the-war-on-gaza-help-us-secure-a-larger-imf-loan\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-04T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/155.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/could-the-war-on-gaza-help-us-secure-a-larger-imf-loan\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/could-the-war-on-gaza-help-us-secure-a-larger-imf-loan\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Could the war on Gaza help us secure a larger IMF loan?\",\"datePublished\":\"2023-12-04T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/could-the-war-on-gaza-help-us-secure-a-larger-imf-loan\/\"},\"wordCount\":262,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/could-the-war-on-gaza-help-us-secure-a-larger-imf-loan\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2023\/12\/155.jpg?fit=%2C&ssl=1\",\"keywords\":[\"economy\",\"Election 2023\",\"EnterpriseAM\",\"IMF\",\"LAST NIGHT\u2019S TALK SHOWS\"],\"articleSection\":[\"LAST NIGHT\u2019S TALK SHOWS\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/could-the-war-on-gaza-help-us-secure-a-larger-imf-loan\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2023\/12\/04\/could-the-war-on-gaza-help-us-secure-a-larger-imf-loan\/\",\"name\":\"Could the war on Gaza help us secure a larger IMF loan? 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A chicken feed crisis also had the pundits squawking.Securing the IMF loan will attract\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550061,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/12\/last-nights-talk-shows-on-all-things-economy\/","url_meta":{"origin":611232,"position":2},"title":"Last Night\u2019s Talk Shows on all things economy","author":"enterpriseam admin","date":"12 October 2022","format":false,"excerpt":"Our talking heads put on their economist hats for the night, after the IMF released its revised World Economic Outlook report (see the full details in our Economy section, above). The pundits took us through what the outlook means for Egypt \u2014 and reassured us that it\u2019s not time to\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":578158,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/12\/18\/last-nights-talk-shows-all-about-the-imf\/","url_meta":{"origin":611232,"position":3},"title":"Last Night\u2019s Talk Shows: All about the IMF","author":"enterpriseam admin","date":"18 December 2022","format":false,"excerpt":"It was all about the IMF on last night\u2019s talk shows following the executive board\u2019s approval of our long-awaited USD 3 bn loan program on Friday (we have all the details in this morning\u2019s news well, above).The IMF agreement is no \u201cmagic wand\u201d to solve all our economic woes but\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/12\/363.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":549111,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/09\/04\/the-economy-dominated-proceedings-on-the-airwaves-last-night\/","url_meta":{"origin":611232,"position":4},"title":"The economy dominated proceedings on the airwaves last night","author":"enterpriseam admin","date":"4 September 2022","format":false,"excerpt":"Lamees El Hadidi and Amr Adib returned to our screens yesterday to serve up a night dominated by the economy.The IMF\u2019s loan conditions got a mention on Kelma Akhira, where Lamees El Hadidi was singing from the same hymn sheet as Finance Minister Mohamed Maait, telling the viewers that the\u2026","rel":"","context":"In &quot;LAST NIGHT\u2019S TALK SHOWS&quot;","block_context":{"text":"LAST NIGHT\u2019S TALK SHOWS","link":"https:\/\/enterpriseam.com\/egypt\/category\/last-nights-talk-shows\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":550201,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/18\/maait-takes-to-the-airwaves-to-talk-imf\/","url_meta":{"origin":611232,"position":5},"title":"Maait takes to the airwaves to talk IMF","author":"enterpriseam admin","date":"18 October 2022","format":false,"excerpt":"Finance Minister Mohamed Maait hit the talk shows last night after a week in Washington attending the IMF \/ World Bank meetings. He joined Ala Mas\u2019ouletty (watch, runtime: 15:04) and Hadrat El Mowaten (watch, runtime: 13:31) to talk all things IMF and economy.The announcement on our assistance loan from the\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/enterpriseam.com\/egypt\/category\/economy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/10\/263.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/611232","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=611232"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/611232\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/611212"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media\/611233"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=611232"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=611232"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=611232"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=611232"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=611232"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}