IMF reaches initial deal on Egypt loan program reviews - News Summed Up

IMF reaches initial deal on Egypt loan program reviews


WASHINGTON, United States, Dec 23, 2025 (BSS/AFP) - The IMF announced aninitial deal over its latest program reviews for Egypt, paving the way tounlocking $2.5 billion in funding to the country as it pushes to liberalizeits economy. And in March this year, the global lender approved a new loan worth $1.3billion for Egypt. The IMF on Monday said it "reached staff level agreement on the fifth andsixth reviews under the Extended Fund Facility (EFF) arrangement and thefirst review under the Resilience and Sustainability Facility (RSF)". "Stabilization efforts have delivered important gains and the Egyptianeconomy is showing signs of robust growth," IMF mission chief Ivanna VladkovaHollar said. If approved by the IMF executive board, some $2.5 billion of financing willbe unlocked from the $8 billion expanded loan, as well the $1.3 billion fromthe deal concluded this year.


Source: Bangladesh Sangbad Sangstha December 23, 2025 11:35 UTC



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