IMF grants Egypt initial approval of $1.2 billion 4th review

Earlier in March, Egypt had reached an agreement for a USD 8 billion loan from the IMF, contingent upon implementing further economic reforms. This deal builds upon a USD 3 billion loan agreement ...
An International Monetary Fund mission led by Ivanna Vladkova Hollar held in-person discussions with the authorities during November 6-20 and virtually thereafter. At the conclusion of the discussions ...
During the weekly cabinet meeting, Prime Minister Mostafa Madbouly announced that Egypt had repaid approximately $7 billion ...