Egyptian PM: Loan talks with IMF will be 'on track very soon'

Egyptian Prime Minister Hisham Kandil has said that that talks with the International Monetary Fund on a crucial $4.8 billion (£3bn) loan would be back on track "very soon".

"Because of the domestic situation we had to postpone that, so we are doing a quick evaluation. We are going to be back on track very soon," he told a business forum in Cairo.

"We invited another mission of the IMF to again realign the programme so we can move forward with our national reform programme to handle the budget deficit, to handle the fiscal problems so we can move forward with growth."