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 $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 Set to Receive $1.2 Billion as IMF Concludes Fourth Review
The International Monetary Fund (IMF) has completed the fourth review of Egypt’s loan program, unlocking a disbursement of USD 1.2 billion (EGP 60.8 billion), according to Finance Minister Ahmed Kou
Egypt to receive EFF 4th tranche of $1.2 bln loan soon: IMF Maait
Egypt will receive the $1.2 billion fourth tranche of its loan under the Extended Fund Facility (EFF) programme within days, International Monetary Fund (IMF) executive director Mohamed Maait told Al-Arabiya Business via phone interview on Tuesday.
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.
Egypt: IMF greenlights $1.2bln tranche for Egypt
President Abdel Fattah El-Sisi passed Law No. 247 of 2024, authorizing the increase of Egypt's share in the IMF by 50%.
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”.
Okay.ng1h
Egypt Secures $1.2B IMF Boost Amid Economic Shifts
Egypt receives $1.2B IMF disbursement, adapting fiscal targets. Economic reform and resilience facility funds approved.
ZAWYA5d
Egypt's lucrative carry trade in the balance after recent dips
Egypt negotiated the IMF deal following an acute currency crisis and after the war in Gaza ate into tourism and Suez Canal ...