Egypt has got a $1.2 billion disbursement from the Worldwide Monetary Fund (IMF) as the fourth tranche of its Extended Fund Facility (EFF) program, the Egyptian cupboard announced this week. This disbursement is fragment of an $8 billion, 46-month EFF association initiated in March 2024, which expanded the original $3 billion program popular in slack 2022.
The IMF’s Executive Board accomplished the fourth review of Egypt’s financial reform program on March 10, 2025, enabling this most up-to-date disbursement. Additionally, the board popular Egypt’s build a question to for an association below the Resilience and Sustainability Facility (RSF), granting obtain admission to to about $1.3 billion aimed in direction of supporting long-term financial resilience and sustainability initiatives.
Egypt has been imposing financial reforms below the IMF’s steering to handle challenges such as excessive inflation and foreign forex shortages. The original disbursement is anticipated to bolster the nation’s foreign reserves and toughen ongoing reform efforts.
