IMF Reaches Staff Level Agreement on the Fourth Review of the …
4 days ago · IMF staff and the Egyptian authorities have reached staff-level agreement on the fourth review under the Extended Fund Facility (EFF) arrangement. Subject to approval by the Executive Board, Egypt will have access to about $1.2 billion (SDR 922.87 million).
Egypt, IMF Reach Initial Deal for $1.2 Billion Loan Tranche
3 days ago · The staff-level agreement, announced on Tuesday by the IMF, puts Egypt on track for access a disbursement of about $1.2 billion. It still needs to be signed off by the Washington-based lender’s ...
IMF, Egypt reach deal to unlock $1.2bn to shore up strained …
3 days ago · Egypt in March struck a deal to receive an $8bn loan from the IMF in tranches subject to undertaking economic reforms, expanding on a $3bn, 46-month deal struck in December 2022.
IMF grants Egypt initial approval of $1.2 billion fourth review
3 days ago · For all the latest headlines follow our Google News channel online or via the app. The IMF said Egypt’s government had agreed to increase its tax-to-revenue ratio by 2 percent of gross domestic ...
Arab Republic of Egypt and the IMF
This web page provides information on official IMF reports and Executive Board documents in English that deal with Egypt.
IMF Staff and the Egyptian Authorities Reach Staff Level …
Mar 6, 2024 · International Monetary Fund (IMF) staff and the Egyptian authorities have reached staff level agreement on a set of comprehensive policies and reforms needed to complete the first and second reviews under the Extended Fund Facility (EFF) arrangement.
I.M.F. Agrees to Much Larger Rescue Package for Egypt
Mar 6, 2024 · The International Monetary Fund has agreed to more than double a bailout package for Egypt, which is going through its worst economic crisis in decades, exacerbated by war in the neighboring...
Egypt secures $8bn IMF deal after removing currency controls
Mar 6, 2024 · Egypt secured a deal to more than double its IMF bailout to $8bn after the country allowed its currency to drop to a record low against the US dollar, unlocking support to avert its worst...
President Sisi warns regional troubles may force Egypt to re …
Oct 20, 2024 · President Abdel Fattah al-Sisi warned on Sunday Egypt may be forced to re-evaluate its $8 billion programme with the IMF if international institutions do not take into account the extraordinary...
Egypt, IMF reach staff-level agreement on 4th EFF review ... - Egypt …
3 days ago · CAIRO – 25 December 2024: The International Monetary Fund (IMF) announced on Tuesday reaching a staff-level agreement with Egypt on the fourth review under the lender’s Extended Fund Facility arrangement. The agreement, subject to approval by the IMF Executive Board, will unlock around $1.2 billion loan under the programme.