Fund cites "mixed progress" on reforms as Egypt faces Red Sea disruptions costing $6bn in Suez Canal revenue while struggling ...
The International Monetary Fund (IMF) has ratified a crucial $1.3 billion loan for Egypt on Monday to support the country’s ...
The International Monetary Fund (IMF) recently commended Egypt's efforts to rebuild market confidence and stabilize the ...
CAIRO - Egypt remains committed to lowering its energy subsidies to reach cost recovery by December as it works to reduce a wide current account deficit, the International Monetary Fund said on ...
Egypt’s inflation rate is projected to stabilize at approximately 16.6 percent by the end of June 2025, International ...
The IMF has approved a $1.2 billion disbursement to Egypt after its fourth review, supporting fiscal stability and economic ...
The larger IMF deal is a keystone of a $57 billion global bailout for the Middle East’s most populous country. Mired in ...
Egypt aims to eliminate energy subsidies and achieve cost recovery by December 2025, according to the IMF. This unwavering ...
Egypt receives $1.2B IMF disbursement, adapting fiscal targets. Economic reform and resilience facility funds approved.
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 ...
The funds are a fraction of the $8 billion bailout package agreed last Apiril ...
The minister pointed to the government’s efforts to consolidate macroeconomic stability through clear policies, including the implementation of Egypt’s National Structural Reform Programme ...