IMF bail out of EGYPT

The IMF has just announced a bailout of the Egyptian economy entitled: A Chance for Change: IMF Agreement to Help Bring Egypt's Economy to Its Full Potential

"Political instability, regional security issues, and the global economic slowdown have negatively affected the Egyptian economy, amplifying its long-standing structural problems."

Australia's trade with Egypt is provided in the Department of Foreign Affairs and Trade fact sheet. Meat is the third most important Australian export to Egypt after wheat and vegetables. Annual trade of meat $49M, excluding beef.

Current Australian exports for the 9 months ended September by meat type and cut are shown below. The largest items currently include beef livers and beef hearts. Brazil is a major exporter, as is India with buffalo.