IMF approves $1.2 billion draw for Egypt

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 IMF said in a statement it completed its fourth review on Monday and Egyptian authorities can immediately draw the funds. The IMF executive board also granted Egypt’s request for an arrangement under the Resilience and Sustainability Facility with access to an additional $1.3 billion.
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 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.
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 unlocks $2.5bn for Egypt after completing fourth loan review
The International Monetary Fund announced on Tuesday that its executive board has completed the fourth review of Egypt's $8 billion Extended Fund Facility loan, allowing the country to immediately draw about $1.
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Transcript of Press Briefing on Egypt
Good afternoon to those of you joining us from Egypt and the region and Ramadan Kareem. Thank you for joining today's press briefing. My name is Angham Al Shami from the IMF Communications Department.
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