RSS Feed  Les actualités de la BRVM en Flux RSS

NEWS FINANCIÈRES

Nous agrégeons les sources d’informations financières spécifiques Régionales et Internationales. Info Générale, Economique, Marchés Forex-Comodities- Actions-Obligataires-Taux, Vieille règlementaire etc.

Financing: The IMF disburses $1.2 billion to Egypt

07/04/2025
Source : ORISHAS FINANCE
Categories: Sectors

Enjoy a simplified experience

Find all the economic and financial information on our Orishas Direct application to download on Play Store

The International Monetary Fund (IMF) disbursed its $1.2 billion financing to Egypt, representing the fourth installment under the Extended Credit Facility (ECF) program. The announcement was made in a statement issued by the Egyptian Prime Minister's Office on April 2, 2025.

Egypt received 1.2 billion dollars from the International Monetary Fund this week. These funds disbursed as part of the fourth installment of the Extended Funding Program Agreement -

EFF.

An official statement from the Egyptian government made the announcement. The document states that Prime Minister Mostafa Madbouly had earlier met Mohamed Maait, a member of the executive board of the IMF and the

World Bank.

It was a question of taking stock of the country's economic reform program.

Discussions also focused on the next steps of the fifth review of the economic reform program, which is expected to take place in the coming period.

He also addressed the approval by IMF managing directors of the Egypt program with the Sustainability and Resilience Fund, which will provide $1.3 billion in long-term, concessional financing.

The two leaders also discussed the changing international economic situation and its potential impact on trade systems and growth rates.

Provided by AWS Translate

0 COMMENTAIRE