IMF releases $1.8bn in financing for Egypt

The International Monetary Fund (IMF) Executive Board has completed the seventh review of Egypt’s Extended Fund Facility and the second review of its Resilience and Sustainability Facility. This decision has unlocked approximately $1.8 billion in financing, consisting of roughly $1.5 billion under the main facility and $272 million under the sustainability window. Total disbursements under these two arrangements have now reached approximately $7.3 billion.

Egypt is implementing these IMF-backed reforms to restore macroeconomic stability, reduce public debt, and decrease the state’s economic footprint to encourage private-sector investment. While exchange-rate flexibility, fiscal consolidation, and energy-sector reforms have improved the country’s external position, progress on state divestments has been slower than planned.

Economic data indicates real GDP grew by 5 percent in the third quarter of fiscal year 2025/2026, with growth averaging 5.2 percent over the first nine months. Annual urban headline inflation was reported at 14.3 percent in June. The current IMF program is scheduled to expire on December 15, 2026.