IMF confirms no change to Egypt's EFF 3rd review date

Updated 7/21/2024 4:59:00 PM
IMF confirms no change to Egypt's EFF 3rd review date

Arab Finance: The International Monetary Fund (IMF) has confirmed that the third review of Egypt's Extended Fund Facility (EFF) arrangement would still take place on July 29th, according to a statement, citing an informed source.

This statement came in response to rumors spread on Sunday, July 21st, claiming that the IMF postponed discussions about the country's third tranche worth $820 million under the loan program.

The meeting was initially scheduled for July 10th and then moved to July 29th.

Related News