IMF Approves $1.2 Billion for Egypt, Strengthening Economic Reform Efforts

Egypt has secured a $1.2 billion disbursement from the IMF, reinforcing its commitment to economic reform as part of an $8 billion support package. Additionally, the country obtained $1.3 billion

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Egypt has secured a $1.2 billion disbursement from the IMF, reinforcing its commitment to economic reform as part of an $8 billion support package.

Additionally, the country obtained $1.3 billion under the Resilience and Sustainability Facility (RSF), further boosting financial stability. T

hese funds come as Egypt continues to navigate economic challenges, including inflation and currency adjustments, while implementing reforms aimed at fostering long-term growth and resilience.

The IMF’s continued support reflects confidence in Egypt’s economic trajectory and reform progress.

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