Egypt, IMF reach staff-level agreement on 4th EFF review to unlock $1.2B

Wed, 25 Dec 2024 - 06:50 GMT

“The Egyptian authorities have continued to implement key policies to preserve macroeconomic stability, despite ongoing regional tensions that are causing a sharp decline in Suez Canal receipts.”

Egypt’s negotiations with IMF in its advanced stages, deputy finance minister Kouchouk

Wed, 18 Oct 2023 - 02:26 GMT

Egypt and the International Monetary Fund (IMF) are in the advanced stages of negotiations, with a potential announcement for the $3 billion loan’s reviews coming soon

IMF allegedly to delay upcoming loan review again, might mean EGP devaluation

Mon, 04 Sep 2023 - 02:30 GMT

This is not the first time the IMF has delayed the review, which was originally slated for March 15, 2023. The source added that, while a new date hasn’t been scheduled, the review will be taking place sometime this year

IMF applauds Egypt’s progress with IPO program and measure to address FX shortage

Sun, 16 Jul 2023 - 11:08 GMT

Julie Kozack, Head of the IMF's Communication Department, spoke during a hybrid press briefing held on Thursday, welcoming the progress and emphasizing the significance of divestment in the Extended Fund Facility (EFF)-supported program