IMF approves $1.2 billion draw for Egypt

IMF approves $1.2 billion more for Egypt's economic recovery
The International Monetary Fund said Tuesday it completed its fourth review of Egypt’s economic reform program approving a $1.2 billion disbursement for the North African country. The IMF said in a statement it completed its fourth review on Monday and Egyptian authorities can immediately draw the funds.
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 $1.2 Billion Disbursement To Egypt After Fourth Review
The IMF has approved a $1.2 billion disbursement to Egypt after its fourth review, supporting fiscal stability and economic reforms.
IMF approves $1.2 billion draw for Egypt after completing 4th review of economic reform program
CAIRO — The International Monetary Fund said Tuesday it 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 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 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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Transcript of Press Briefing on Egypt
Good afternoon to those of you joining us from Egypt and the region and Ramadan Kareem. Thank you for joining today's press briefing. My name is Angham Al Shami from the IMF Communications Department.
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