#economy
The International Monetary Fund (IMF) is set to approve a new loan package for Egypt as part of its Resilience and Sustainability Facility (RSF), IMF Communications Director Julie Kozack confirmed in a press briefing on Thursday 6 February. The new loan will be presented alongside the fourth review of Egypt’s USD 8 billion (EGP 402.4 billion) Extended Fund Facility (EFF), which, if approved by the IMF’s Executive Board, will unlock USD 1.2 billion (EGP 60.37 billion) in funding. While Kozack…
