by Admin
11/03/2025
The International Monetary Fund (IMF) has approved a $1.2 billion disbursement to Egypt following the fourth review of the country’s $8 billion economic reform program
Additionally, the IMF’s executive board ratified Egypt’s request for an arrangement under the Resilience and Sustainability Facility (RSF), approving access to approximately $1.3 billion.
This funding has the potential to unlock an additional $1 billion grant for Egypt.
In February, Egypt reported a significant decrease in inflation rates, attributed to financial reforms implemented as part of the IMF support agreement.
Annual urban consumer price inflation dropped to 12.8% from January’s 24.0%, and core inflation declined to 10% year-on-year from 22.6% in January.
The IMF program, along with record investments from the United Arab Emirates, has led analysts and bankers to anticipate that foreign investors will largely maintain their holdings in Egyptian treasury bonds.
Egypt has been contending with high inflation and foreign currency shortages.
A sharp decline in Suez Canal revenue, caused by regional tensions over the past year, has further compounded its economic challenges.