News
The International Monetary Fund (IMF) will conduct its fourth review of Egypt’s economic reform program next month, a government official told Asharq Business. Completing this review would unlock a USD 1.3 billion (EGP 62.7 billion) tranche for Egypt — the fourth and largest disbursement under the current loan agreement. In July, the IMF approved the release of the third tranche to Egypt, also valued at USD 820 million (EGP 39.6 billion). In its latest economic review in August, the IMF…
