IMF approves $1.8 bn disbursement to Egypt after seventh review

IMF Egypt $1.8 bn disbursement seventh review economic reforms

The International Monetary Fund’s executive board approved a disbursement of roughly $1.8 billion to Egypt, comprising about $1.5 billion from the Extended Fund Facility and $272 million from the Resilience and Sustainability Facility. The new drawdowns raise the total amount Egypt can access under the two programmes to about $7.3 billion.

The IMF said Egypt’s economy has remained resilient despite the war in the Middle East, citing a flexible exchange rate, energy‑price reforms and fiscal restraint. Real GDP grew 5 % in the third quarter of fiscal year 2025/26 and is projected to reach 4.6 % by the end of that year, with a possible slowdown to 4.4 % in FY 2026/27. Inflation was 15.2 % in March 2026, above IMF forecasts, and is expected to rise to 16.7 % in the second half of 2026.

The fund noted a current‑account deficit of about 4.5 % of GDP for FY 2025/26, while international reserves stand at 119 % of the adequacy ratio. It urged Egypt to accelerate the reduction of the state’s role in the economy and to expand private‑sector participation. Egyptian officials, including Prime Minister Mustafa Madbouly and MP Yasser Al‑Hafnawi, welcomed the decision as a vote of confidence in the country’s reform programme.

Entities: Amine Mati · Egypt · International Monetary Fund · Mustafa Madbouly · Yasser Al‑Hafnawi

Claims

What the coverage asserts, and how well corroborated each claim is across sources.

[● 7 SOURCES] The IMF executive board approved a disbursement of about $1.8 billion to Egypt. (IMF statement)
[● 7 SOURCES] Egypt’s international reserves equal 119 % of the adequacy ratio. (IMF assessment)
[● 7 SOURCES] Egypt’s current‑account deficit is estimated at about 4.5 % of GDP for FY 2025/26. (IMF estimate)
[● 7 SOURCES] Egypt’s real GDP grew 5 % in the third quarter of fiscal year 2025/26. (IMF assessment)
[● 7 SOURCES] IMF projects Egypt’s real GDP growth at 4.6 % for FY 2025/26 end, possibly slowing to 4.4 % in FY 2026/27. (IMF projection)
[● 7 SOURCES] The disbursement includes $1.5 billion from the Extended Fund Facility and $272 million from the Resilience and Sustainability Facility. (IMF statement)
[● 7 SOURCES] Total drawdowns for Egypt under the two IMF programmes now total about $7.3 billion. (IMF statement)
[● 7 SOURCES] Egypt’s inflation was 15.2 % in March 2026 and is expected to rise to 16.7 % in the second half of 2026. (IMF forecast)