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Egypt Secures $1.2 Billion IMF Disbursement Under Expanded Economic Reform Program

Babatunde Abdulraheem Lawal by Babatunde Abdulraheem Lawal
April 5, 2025
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Egypt Secures $1.2 Billion IMF Disbursement Under Expanded Economic Reform Program
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Egypt has received a $1.2 billion disbursement from the International Monetary Fund (IMF), marking the fourth tranche of its Extended Fund Facility (EFF) program, the Egyptian cabinet announced this week.

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The disbursement is part of a $8 billion, 46-month EFF arrangement launched in March 2024. This program significantly expanded the original $3 billion agreement initially approved by the IMF in December 2022, aimed at supporting Egypt’s comprehensive economic reform agenda.

The release of funds follows the IMF Executive Board’s completion of the fourth review of Egypt’s reform efforts on March 10, 2025. Alongside this approval, the IMF also greenlit Egypt’s request for support under the Resilience and Sustainability Facility (RSF), unlocking an additional $1.3 billion. The RSF funding is designed to strengthen the country’s long-term economic resilience and advance sustainability initiatives.

Egypt has been navigating a series of economic challenges, including persistent inflation and shortages of foreign currency. With the IMF’s continued support, the government is pursuing structural reforms to stabilize the economy, attract investment, and rebuild confidence.

Officials say the latest disbursement will help boost Egypt’s foreign currency reserves and provide critical support to its reform implementation process.

Tags: EgyptIMF
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