This report provides an overview of the economic situation in post-revolution Egypt and negotiations between Egypt and the IMF. It also analyzes why an IMF program is controversial in Egypt and the relationship between an IMF program for Egypt and U.S. foreign policy goals in the region. It discusses the IMF program from a congressional perspective, including how debt relief for Egypt has been tied to an IMF program and legislation that would condition U.S. bilateral economic assistance to Egypt on an IMF program.

This report discusses recent controversies over U.S. aid to Egypt and various announcements and threats to cut aid off due to Egypt's passage of a strict regulatory law for NGO's and possible ties with North Korea.