IMF mission prolongs stay as Egypt pushes to increase loan to $10B

Thu, 01 Feb 2024 - 02:43 GMT

Separate sources have confirmed to news outlets that the Egyptian government has reached an agreement in principle with the IMF, which includes the release of the remaining $3 billion from the loan

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