IMF approves $1.2 billion draw for 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 foreign exchange reserves to adequate levels.
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
IMF Approves $1.2 Billion for Egypt After Reform Programme's Fourth Review
CAIRO (Reuters) - The International Monetary Fund has approved the disbursement of $1.2 billion to Egypt after completing the fourth review of the country's $8 billion economic reform programme with the lender.
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 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 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 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”.
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 ...
Ahram Online8h
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 ...
Arabian Business15h
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 ...
Ahram Online14h
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 ...
Devdiscourse10h
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 ...
The National on MSN2d
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 ...
Legit.ng on MSN3d
IMF lists countries likely to have high inflation in 2025, details emerge
A high inflation estimate for 2025 in an African country is a warning indicator of economic instability that could have ...