The International Monetary Fund (IMF) has completed the fourth review of Egypt’s economic reform program under the Extended Fund Facility (EFF), enabling the country to access approximately $1.2 billion.

The International Monetary Fund (IMF) has approved the disbursement of $1.2 billion in a new tranche under Egypt’s $8 billion loan program, Minister of Finance Ahmed Kouchouk stated.

The International Monetary Fund (IMF) is expected to discuss a $1.2 billion tranche to Egypt in the coming weeks, following the completion of the Extended Fund Facility’s (EFF) fourth review.

Prime Minister Mostafa Madbouly discussed Egypt’s economic reform file with Jared Cohen, Co-Head of Goldman Sachs Global Institute.

The International Monetary Fund (IMF) has cut its forecast for Egypt's real gross domestic product (GDP) growth by 0.5% and 1% for the current and next fiscal years (FYs) 2024/2025 and 2025/2026.

Egyptian President Abdel Fattah El-Sisi has approved Law No. 247 of 2024, authorizing the increase of Egypt's share in the International Monetary Fund (IMF) by 50%.

Egypt's economy stands at a pivotal moment, facing serious challenges and emerging opportunities. in 2024, the nation grappled with high inflation rates. Concurrently, Egypt's net international reserves (NIRs) reflected some positive economic developments. Despite this progress, foreign currency inflows saw a dramatic drop, primarily due to a sharp decline in Suez Canal revenues. In light of these circumstances, Egypt has initiated efforts to attract foreign investment. As 2025 begins, Egypt’s future hinges on the successful implementation of economic reforms and addressing the underlying macroeconomic challenges while ensuring sustainable growth.

Egypt is expected to receive a new tranche worth $1.2 billion from the International Monetary Fund (IMF) in January.

The International Monetary Fund (IMF) and the Egyptian governoment have reached a staff-level agreement on the fourth review of the Extended Fund Facility (EFF).

The International Monetary Fund (IMF) has confirmed that discussions on the fourth review of Egypt's economic reform program are ongoing and being conducted virtually.

An International Monetary Fund (IMF) mission, led by Ivanna Vladkova Hollar, concluded its visit to Egypt on November 20th following in-depth discussions with Egyptian authorities.

Egyptian Prime Minister Mostafa Madbouly announced that the International Monetary Fund's (IMF) fourth review of Egypt's economic reform program will conclude in two days.

The Egyptian authorities did not request an increase in the fourth tranche of its loan program with the International Monetary Fund (IMF) to $2 billion.

Egypt's economy has been undergoing significant transformation in recent years, marked by both challenges and opportunities. As the International Monetary Fund (IMF) recently started its fourth review of Egypt's economic program, the outcomes of this assessment are poised to further shape the nation's economic trajectory. Yet, it remains unclear how the economic reform program will proceed in the coming years.

President Abdel Fattah El-Sisi met with the International Monetary Fund's (IMF) Managing Director Kristalina Georgieva and her accompanying delegation to discuss Egypt’s ongoing economic reform program.

Prime Minister Mostafa Madbouly held a joint press conference with the International Monetary Fund's (IMF) Managing Director Kristalina Georgieva to discuss the future collaboration between Egypt and the fund.

The International Monetary Fund (IMF) is set to begin its fourth review of Egypt's economic reform program on Tuesday, November 5th, as announced by Prime Minister Mostafa Madbouly during a press conference in Cairo with IMF Managing Director Kristalina Georgieva.