IMF Reaches Staff Level Agreement on the Fourth Review of the …
1 day 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).
IMF, Egypt reach deal to unlock $1.2bn to shore up strained …
1 day 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.
Egypt, IMF Reach Initial Deal for $1.2 Billion Loan Tranche
1 day 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 ...
Arab Republic of Egypt and the IMF
Listed below are items related to Arab Republic of Egypt. This web page provides information on official IMF reports and Executive Board documents in English that deal with Egypt.
IMF Mission Concludes Visit to Egypt for the Fourth Review under …
Nov 20, 2024 · IMF Mission Concludes Visit to Egypt for the Fourth Review under the Extended Fund Facility. November 20, 2024. Cairo, Egypt: An International Monetary Fund mission led by Ivanna Vladkova Hollar held in-person discussions with the authorities during November 6-20 in Cairo. At the conclusion of the visit, Ms. Vladkova Hollar issued the following ...
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 strikes expanded $8bn deal with the IMF - Al Jazeera
Mar 6, 2024 · The new agreement announced on Wednesday is an expansion of the $3bn, 46-month Extended Fund Facility that the IMF struck with Egypt back in December 2022, which was predicated on the shift to...
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...
Egypt signs expanded $8 billion loan deal with IMF | Reuters
Mar 6, 2024 · The International Monetary Fund (IMF) said on Wednesday it would increase its current loan programme with Egypt by $5 billion, as the central bank let the pound plummet and said it would...
IMF, Egypt finalize $1.2 Billion loan agreement | Al Bawaba
21 hours ago · ALBAWABA - As part of a $8 billion loan deal, Egypt and the International Monetary Fund (IMF) have agreed a staff-level agreement to release $1.2 billion under the Extended Fund Facility.