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 $2.5bn 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 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”.
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Egypt inflation to reach 16.6% by end of June, debt on downward trajectory: IMF’s Mission chief
Egypt’s inflation rate is projected to stabilize at approximately 16.6 percent by the end of June 2025, International ...
IMF Approves $2.5Bn For Egypt, Including $1.3Bn For Climate Resilience
The International Monetary Fund (IMF) has approved a $2.5bn financing package for Egypt, with approximately half to be disbursed immediately, accordi ...
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IMF approves $1.2 billion more for Egypt's economic recovery
The funds are a fraction of the $8 billion bailout package agreed last Apiril ...
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All you need to know about $2.5 bln financing packages IMF greenlighted for Egypt
Executive Board completed on Monday the fourth review of Egypt’s economic reform programme, supported by the Extended Fund ...
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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 ...
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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.
What are the IMF and World Bank, and what happens if the US leaves?
Alarm is rising over Washington's potential withdrawal from global institutions, including the International Monetary Fund ...
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Egypt's inflation halves in February, but experts warn of challenges and uncertainty ahead
Egypt's headline inflation rate dropped dramatically last month to 12.8 per cent, down from 24 per cent in January, as the ...