Egypt has unlocked approximately $2.3bn in fresh financing from the International Monetary Fund (IMF) after successfully completing key reviews under its expanded reform programme, providing a timely boost as the country navigates regional geopolitical tensions and market volatility. The RSF arrangement, approved alongside the broader IMF programme, totals $1.3bn and is designed to be disbursed in tranches to support climate-related and structural reforms. In a statement, the IMF noted that while macroeconomic stabilization in Egypt has become more entrenched, progress on structural reforms has been uneven. The country undertook a major currency devaluation two years ago, allowing the pound to trade more freely—an essential pillar of the IMF programme. With fresh IMF funding secured, Egypt gains short-term financial breathing room.

Source: Daily News Egypt February 28, 2026 10:11 UTC