IMF approves $1.2 billion draw for Egypt

IMF approves $1.2 billion more for Egypt's economic recovery
The funds are a fraction of the $8 billion bailout package agreed last Apiril
IMF Highlights Egypt's Economic Recovery As It Approves Largest Tranche of Its $8b Program
The International Monetary Fund (IMF) recently commended Egypt's efforts to rebuild market confidence and stabilize the economy, citing a recovery in economic activity and progress in restoring foreign exchange reserves to adequate levels.
IMF Approves $1.2 Billion Disbursement To Egypt After Fourth Review
The IMF has approved a $1.2 billion disbursement to Egypt after its fourth review, supporting fiscal stability and economic reforms.
IMF Backs $2.5 Billion for Egypt While Urging More Reforms
The International Monetary Fund approved $2.5 billion in financing for Egypt — about half of which will be paid out immediately — as it urged further reforms for the country that’s seeking to emerge from its worst economic crisis in decades.
IMF approves $1.2 billion draw for Egypt after completing 4th review of economic reform program
CAIRO — The International Monetary Fund said Tuesday it completed its fourth review of Egypt’s economic reform program approving a $1.2 billion disbursement for the North African country.
IMF approves $1.2 billion for Egypt after reform programme's fourth review
The International Monetary Fund (IMF) has approved disbursement of $1.2 billion to Egypt after completing the fourth review of the country's $8 billion economic reform programme. The IMF's executive board also approved Egypt's request for an arrangement under the resilience and sustainability facility (RSF),
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Good afternoon to those of you joining us from Egypt and the region and Ramadan Kareem. Thank you for joining today's press briefing. My name is Angham Al Shami from the IMF Communications Department.
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