IMF approves $1.2 billion draw for Egypt

IMF approves $1.2 billion for Egypt after reform programme's fourth review
The International Monetary Fund (IMF) has approved disbursement of $1.2 billion to Egypt after completing the fourth review of the country's $8 billion economic reform programme. The IMF's executive board also approved Egypt's request for an arrangement under the resilience and sustainability facility (RSF),
IMF approves $2.5bln for Egypt in loan tranche
The board also approved Egypt’s request for an arrangement under the Resilience and Sustainability Facility (RSF) with access to about $1.3 billion
IMF approves $1.2 billion draw for Egypt after completing 4th review of economic reform program
The International Monetary Fund says it has completed its fourth review of Egypt’s economic reform program, approving a $1.2 billion disbursement for the North African country.
IMF approves $2.5bn in funding for Egypt, backs climate finance initiative
Fund cites "mixed progress" on reforms as Egypt faces Red Sea disruptions costing $6bn in Suez Canal revenue while struggling with high debt and fiscal challenges
Egypt secures IMF approval for $1.2B loan disbursement
In December 2024, the Egyptian government and the IMF announced in separate statements that they had reached a staff-level agreement on the completion of the fourth review of an economic reform program, enabling Cairo to receive a tranche of $1.2 billion out of a total program loan of $8 billion.
IMF approves $1.2 billion for Egypt after fourth review
The International Monetary Fund approved the disbursement of $1.2 billion to Egypt following completion of the fourth review of the country's $8 billion economic reform programme, after allowing Egypt to waive a primary budget surplus target.
IMF Approves $1.2 Billion Disbursement To Egypt After Fourth Review
The IMF has approved a $1.2 billion disbursement to Egypt after its fourth review, supporting fiscal stability and economic reforms.
IMF Backs $2.5 Billion for Egypt in Loan Tranche, Climate Funds
The International Monetary Fund approved $2.5 billion in financing for Egypt — about half of which will be paid out immediately — in a boost for the country seeking to emerge from its worst economic crisis in decades.
IMF releases fourth tranche of loan to Egypt
The International Monetary Fund (IMF) has approved the release of funds to Egypt following the fourth review of an emergency loan progamme but has warned the government that “more decisive implementation of reforms will be critical”.
Ahram Online32m
Is Egypt inflation drop a fundamental or temporary shift?
Although the significant drop in inflation rates in February is a positive sign, it raises questions about its fundamental ...
AllAfrica on MSN6h
Egypt: IMF Highlights Egypt's Economic Recovery As It Approves Largest Tranche of Its $8b Program
The International Monetary Fund (IMF) recently commended Egypt's efforts to rebuild market confidence and stabilize the economy, citing a recovery in economic activity and progress in restoring ...
iAfrica7h
Egypt Secures IMF Aid as Fuel Prices and Living Costs Soar
The International Monetary Fund (IMF) has approved a $1.2 billion disbursement to Egypt, part of an $8 billion bailout aimed ...
Devdiscourse22h
Egypt's Bold Energy Subsidy Reform Drive
Egypt aims to eliminate energy subsidies and achieve cost recovery by December 2025, according to the IMF. This unwavering ...
Ahram Online3h
Egypt puts health, education on top of new budget allocations: PM
Prime Minister Mostafa Madbouly said health and education allocations in the new budget have significantly increased compared ...