CAIRO (Reuters) - The International Monetary Fund said on Sunday it would continue talks with Egypt aimed at agreeing possible financial aid after meeting with government officials seeking a $4.8 billion (3.1 billion pounds) loan to relieve a currency and budget crisis.
The IMF has said Egypt needs to take bold, immediate action to address its economic problems and has raised the possibility of stop-gap funding to tide it through until after parliamentary elections. Egypt, however, has made clear it wants a full loan.