IMF, Egypt and Initial Deal

IMF grants Egypt initial approval of $1.2 billion fourth review
The International Monetary Fund said on Wednesday it reached a staff-level agreement with Egypt on the fourth review under its Extended Fund Facility arrangement, potentially unlocking a $1.2 billion disbursement under the programme.
Egypt, IMF Reach Initial Deal for $1.2 Billion Loan Tranche
Egypt and the International Monetary Fund reached a preliminary deal that would likely unlock a further tranche of the North African nation’s $8 billion loan.
IMF, Egypt reach deal to unlock $1.2bn to shore up strained public finances
Washington-based lender says Cairo agreed to raise tax-to-revenue ratio and accelerate divestment of state-owned firms.
Egypt will have access to $1.2 billion subject to IMF board approval, fund says
The International Monetary Fund said on Wednesday it reached a staff-level agreement on the fourth review under the Extended Fund Facility arrangement with Egypt. Subject to approval by the executive board,
IMF Reaches Staff Level Agreement on the Fourth Review of the Extended Fund Facility with Egypt
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,
IMF, Egypt finalize $1.2 Billion loan agreement
ALBAWABA - As part of a $8 billion loan deal, Egypt and the International Monetary Fund (IMF) have agreed a staff-level agreement to release $1.2 billio
Egypt, IMF Reach Staff Level Agreement For $1.2Bn
Madbouly noted that Ivanna Vladkova Hollar, head of the IMF mission to Egypt, confirmed an agreement at the expert level between Egyptian officials and the IMF. Hollar emphasized that Egypt had continued to implement critical policies to ensure macroeconomic stability, even amid regional tensions and a significant drop in Suez Canal revenues .
Egypt secures IMF staff-level approval for $1.2bn funding in fourth review
The agreement includes recalibrating Egypt's fiscal commitments to create space for critical social programmes benefiting vulnerable groups and the middle class, while ensuring debt sustainability
Egypt, IMF reach initial deal for US$1.2bil loan tranche
Egypt and the International Monetary Fund (IMF) have reached a preliminary deal that would likely unlock a further tranche of the North African nation’s US$8bil loan.
IMF, Egypt Reach Deal Unlocking $1.2 Bn
The International Monetary Fund said Tuesday that it has reached a deal with Egyptian authorities allowing the country access to about $1.2 billion.
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IMF to provide USD 1.2 billion in funding to strengthen public finances in Egypt
The International Monetary Fund (IMF) has announced an agreement with Egypt to unlock approximately USD 1.2 billion in ...
IMF grants Egypt initial approval of $1.2 bln fourth review
The International Monetary Fund said on Wednesday it reached a staff-level agreement on the fourth review under the Extended ...
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IMF grants Egypt initial approval of US$1.2bil fourth review
A sharp decline in Suez Canal revenue, caused by regional tensions over the last year, compounds its economic woes.
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Nigeria Missing as Egypt, Kenya, Others Top African Countries With Highest Debt to IMF in 2024
When African nations accumulate significant debt with the IMF, they are frequently forced to enact strict economic reforms ...
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Egypt Ends Bank IPO Dearth
During the bell-ringing ceremony, Central Bank of Egypt (CBE) Governor Hassan Abdalla emphasized the significance of the ...