Egypt's Finance Minister appoints adviser to lead IMF talks

Tuesday 30-04-2013 04:07 PM
Egypt's Finance Minister appoints adviser to lead IMF talks

Graffiti against IMF loan on Tahrir pavement. Ahmed Hamed/Aswat Masriya

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CAIRO, April 30 (Reuters) - Egypt's Finance Minister appointed his economic adviser Abdallah Shehata to manage negotiations with the International Monetary Fund, days after former negotiator Hany Kadry Dimian resigned, state news agency MENA said on Tuesday.

Dimian had been the point man in Egypt's protracted and so far fruitless negotiations to obtain a $4.8 billion loan needed to help combat an economic crisis.

Shehata is a member of the Muslim Brotherhood's Freedom and Justice Party (FJP).

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