#foreign reserve
The International Monetary Fund (IMF) has scheduled an executive board meeting on 10 March 2025 to review Egypt’s progress under the Extended Fund Facility (EFF) and approve the disbursement of a USD 1.2 billion (EGP 60.7 billion) fourth tranche to be disbursed within a few days, according to the fund’s official website. Amid Egypt’s continuous efforts to stabilize its economy, the tranche will support its foreign currency reserves, noting that holdings at the Central Bank of Egypt have reached their…
