IMF approves $1.2 billion draw for Egypt

IMF approves $1.2 billion for Egypt after reform programme's fourth review
The International Monetary Fund has approved the disbursement of $1.2 billion to Egypt after completing the fourth review of the country's $8 billion economic reform programme with the lender.
IMF Highlights Egypt's Economic Recovery As It Approves Largest Tranche of Its $8b Program
The International Monetary Fund (IMF) recently commended Egypt's efforts to rebuild market confidence and stabilize the economy, citing a recovery in economic activity and progress in restoring foreign exchange reserves to adequate levels.
IMF approves $2.5bln for Egypt in loan tranche
The board also approved Egypt’s request for an arrangement under the Resilience and Sustainability Facility (RSF) with access to about $1.3 billion
IMF approves $1.2 billion draw for Egypt after completing 4th review of economic reform program
The International Monetary Fund says it has completed its fourth review of Egypt’s economic reform program, approving a $1.2 billion disbursement for the North African country
IMF approves $1.2 billion for Egypt after fourth review
The International Monetary Fund approved the disbursement of $1.2 billion to Egypt following completion of the fourth review of the country's $8 billion economic reform programme, after allowing Egypt to waive a primary budget surplus target.
IMF unlocks $2.5bn for Egypt after completing fourth loan review
The International Monetary Fund announced on Tuesday that its executive board has completed the fourth review of Egypt's $8 billion Extended Fund Facility loan, allowing the country to immediately draw about $1.
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3 African countries that have never borrowed from the IMF
Since its inception in 1952, the International Monetary Fund (IMF) has played a significant role in Africa's economic ...