Arab Finance: 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, the IMF announced.
The discussions also include the possibility of granting Egypt financing under the Resilience and Sustainability Facility.
Minister of Finance Ahmed Kouchouk previously expected Egypt to receive the $1.2 billion tranche from the IMF in January.