{"id":652523,"date":"2017-01-12T03:57:36","date_gmt":"2017-01-12T03:57:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/12\/cabinet-approves-imf-loan-sends-agreement-to-house-ted-cruz-wants-to-designating-ikhwan-as-terrorists\/"},"modified":"2017-01-12T03:57:36","modified_gmt":"2017-01-12T03:57:36","slug":"cabinet-approves-imf-loan-sends-agreement-to-house-ted-cruz-wants-to-designating-ikhwan-as-terrorists","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/12\/cabinet-approves-imf-loan-sends-agreement-to-house-ted-cruz-wants-to-designating-ikhwan-as-terrorists\/","title":{"rendered":"Cabinet approves IMF loan, sends agreement to House; Ted Cruz wants to designating Ikhwan as terrorists"},"content":{"rendered":"

<\/a> The Ismail cabinet\u2019s approval of the IMF loan agreement<\/strong> was the focus of the talking heads last evening.<\/p>\n

Minister of Finance Amr El Garhy spoke with Mehwar\u2019s TV 90 Minutes<\/strong> on the sidelines of a cabinet meeting yesterday that discussed the IMF loan. Cabinet reviewed the economic reform program with a focus on reducing the budget deficit. The long-term plan is to wean Egypt off international loans and reduce the nation\u2019s debt, said El Garhy. Commenting on the exchange rate, El Garhy reassured viewers that a weaker EGP was better in the on long run, as it would help draw in foreign direct investment. The minister said that the Egyptian economy \u201cwill completely change\u201d in three years, adding that Egypt\u2019s economic outlook is perceived in a more positive light by international institutions than it is at home<\/strong> (watch<\/a>, runtime: 7:34).<\/p>\n

Al Hayah Al Youm\u2019s Tamer Amin<\/strong> focused his program on the merits of sending the IMF agreement to the House of Representatives at this late stage after the ink has dried. Cabinet spokesperson Ashraf Sultan stated in in a call-in that the lapse between the agreement and the approval came from the IMF, which required time to finalize drafting. He added that House effectively approved the agreement by having ratified the Ismail cabinet\u2019s reform agenda last March (watch:<\/a> runtime: 3:01).<\/p>\n

House Economics Committee member Bassant Fahmy backed up Sultan\u2019s comment on the House\u2019s tacit approval<\/strong>, saying that Parliament knew the financing gap will be covered through loans from international lenders. As an MP, she couldn\u2019t help but revert to grandstanding mode and criticized the government for not sending the agreement to the House for taking an official position on the loan (watch:<\/a> runtime: 2:45).<\/p>\n

Cruz wants to designate Ikhwan as terror organization: <\/strong>Amr Adib discussed US Senator Ted Cruz\u2019s introduction of a bill<\/a> that would designate the Muslim Brotherhood<\/a> a terrorist organization (watch<\/a>: runtime: 3:23).<\/p>\n","protected":false},"excerpt":{"rendered":"

The Ismail cabinet\u2019s approval of the IMF loan agreement was the focus of the talking heads last evening. Minister of Finance Amr El Garhy spoke with Mehwar\u2019s TV 90 Minutes on the sidelines of a cabinet meeting yesterday that discussed the IMF loan. Cabinet reviewed the economic reform program with a focus on reducing the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"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":[9281],"tags":[2379,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-652523","post","type-post","status-publish","format-standard","hentry","category-enterprise-last-nights-talk-shows","tag-enterprise-last-nights-talk-shows","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"fbbf145d-336d-4ca3-96bc-173aca5cf091","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[652517],"teaser":"","voice_url":""},"yoast_head":"\nCabinet approves IMF loan, sends agreement to House; Ted Cruz wants to designating Ikhwan as terrorists - 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\/2017\/01\/12\/cabinet-approves-imf-loan-sends-agreement-to-house-ted-cruz-wants-to-designating-ikhwan-as-terrorists\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cabinet approves IMF loan, sends agreement to House; Ted Cruz wants to designating Ikhwan as terrorists\" \/>\n<meta property=\"og:description\" content=\"The Ismail cabinet\u2019s approval of the IMF loan agreement was the focus of the talking heads last evening. 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The president said that the EGP should begin\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-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":637218,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/between-the-imf-delegations-report-and-sps-outlook-upgrade-amr-el-garhy-had-plenty-to-talk-about\/","url_meta":{"origin":652523,"position":1},"title":"Between the IMF delegation\u2019s report and S&P\u2019s outlook upgrade, Amr El Garhy had plenty to talk about","author":"enterpriseam admin","date":"12 November 2017","format":false,"excerpt":"With plenty of developments on the economic front, Finance Minister Amr El Garhy blanketed the airwaves last night to discuss the IMF delegation\u2019s visit and report on Egypt\u2019s progress and reforms, as well as S&P\u2019s long-awaited move to raise the country\u2019s outlook to \u2018positive.\u2019The IMF delegation agreed to make some\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-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":647524,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/14\/el-garhy-on-2nd-tranche-of-imf-facility-el-anany-about-new-archaeological-finds\/","url_meta":{"origin":652523,"position":2},"title":"El Garhy on 2nd tranche of IMF facility, El Anany about new archaeological finds","author":"enterpriseam admin","date":"14 May 2017","format":false,"excerpt":"On Hona Al Asema, Finance Minister Amr El Garhy had a chat with Lamees Al Hadidi, telling her he expects receive the second tranche of the IMF loan in the second half of June. El Garhy also vehemently denied rumors suggesting that the government has plans to hike energy prices,\u2026","rel":"","context":"In "Enterprise+: Last Night\u2019s Talk Shows"","block_context":{"text":"Enterprise+: Last Night\u2019s Talk Shows","link":"https:\/\/enterpriseam.com\/egypt\/category\/enterprise-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":550138,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/10\/16\/last-nights-talk-shows-our-imminent-imf-agreement-hungry-chicks\/","url_meta":{"origin":652523,"position":3},"title":"Last Night\u2019s Talk Shows: Our imminent IMF agreement + hungry chicks","author":"enterpriseam admin","date":"16 October 2022","format":false,"excerpt":"Last night\u2019s talk shows focused on the IMF package that\u2019s arriving \u201cvery soon:\u201d Deprived of a concrete announcement on our imminent IMF loan, the talking heads were forced to discuss it once again in hypothetical terms. A chicken feed crisis also had the pundits squawking.Securing the IMF loan will attract\u2026","rel":"","context":"In "LAST NIGHT\u2019S TALK SHOWS"","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":646005,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/04\/next-imf-review-to-be-in-november-or-december-el-garhy\/","url_meta":{"origin":652523,"position":4},"title":"Next IMF review to be in November or December -El Garhy","author":"enterpriseam admin","date":"4 June 2017","format":false,"excerpt":"The next review by the IMF as part of its USD 12 bn, three-year, funding package to Egypt will be in either November or December, Finance Minister Amr El Garhy said, according to Reuters. Egypt completed a review last month and the reached a staff-level agreement with the IMF to\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647411,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/10\/talk-of-the-investment-act-dominates-the-airwaves-on-last-nights-talk-shows\/","url_meta":{"origin":652523,"position":5},"title":"Talk of the investment act dominates the airwaves on Last Night\u2019s Talk Shows.","author":"enterpriseam admin","date":"10 May 2017","format":false,"excerpt":"The Investment Act was once again the topic of choice on the airwaves last night. On Hona Al Asema, Lamees El Hadidi had a chat with Finance Minister Amr El Garhy about issues ranging from the Investment Act and the IMF delegation visiting Cairo. 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