Egypt’s Revolutionists Protest Against IMF Loan

Many of Egypt’s revolutionary movements will hold a protest today in front of Egypt’s Supreme Court against the country’s attempts to secure a loan from International Monetary Fund (IMF).

The political activist Alaa Abdel Fattah called for a protest on Wednesday at 2:00 p.m. (12:00 p.m.) in front of Egypt’s Supreme Court and then a march to the Cabinet to reject the US$ 4.8 billion loan from the IMF as “it would lead to the impoverishment of the Egyptian people.”

The IMF mission is expected to arrive Egypt today to resume negotiations with the Egyptian authorities over the long-awaited loan.