IMF unlocks 2.3 billion dollars for Egypt after reviews

The International Monetary Fund completed reviews of Egypt's economic reform program on Wednesday. This allows the country to draw approximately 2.3 billion dollars.

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The International Monetary Fund (IMF) has successfully concluded its reviews of the economic reform program in Egypt[Country:{"assets":{"country":"EG"}}], alongside a review under the Resilience and Sustainability Facility. This completion allows the country to draw approximately $2.3 billion in financial support, providing a significant boost to its ongoing economic initiatives.

A wide view of the Cairo skyline at sunset, showing the city enveloped in cold winter fog on February 2, 2023. REUTERS/Amr Abdallah Dalsh/File Photo
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