Middle East & Africa | Don’t care too much for money

After years of talks, indebted Arab states and the IMF are at an impasse

They need loans, but have good reasons to balk at the terms

An Egyptian vendor walks past a poster of a U.S. dollar outside an exchange office in Cairo.
Grab that cash with both handsImage: AP
|DUBAI

THE IMF likes to say it will never walk away from the negotiating table. If a country needs a bail-out, talks have no deadline. A few countries seem determined to put this promise to the test.

This article appeared in the Middle East & Africa section of the print edition under the headline “Don’t care too much for money”

From the July 1st 2023 edition

Discover stories from this section and more in the list of contents

Explore the edition

More from Middle East & Africa

Members of the new Syrian security forces stand outside a security building, in Nawa, near Daraa, Syria, Jan. 4, 2025. (

Syria’s new rulers say they are keen to integrate foreign fighters

Outsiders continue to see them as a threat

Internally displaced civilians from the camps in Munigi and Kibati, carry their belongings as they flee to Goma

Rwanda’s reckless plan to redraw the map of Africa

The fall of Goma could trigger another Congo conflict


illustration featuring three overlapping social media-style photo frames, each depicting different parts of a classic weighing scale

Three big lawsuits against Meta in Kenya may have global implications

One was prompted by the murder of an Ethiopian professor


Trump should try to end, not manage, the Middle East’s oldest conflicts

And he should see the region as more than a source of instability and arms deals

Government by social media in Somalia

Cheap data, social media and creativity are filling in for an absent state

The Gaza ceasefire is stoking violence in the West Bank

Hamas and the Israeli far right both want to destabilise the West Bank