IMF schedules critical review of Egypt’s loan deal for March 10

IMF schedules critical review of Egypt’s loan deal for March 10

Posted on March 3, 2025   |  

The IMF plans to review and approve Egypt’s fourth loan assessment under the Extended Fund Facility (EFF) in a meeting on 10 March.

On 25 December, Egypt and the IMF reached a staff-level agreement for the $8 billion loan program.

While both the IMF and Egypt confirmed the review is on track, no significant updates have been shared since the agreement.

If approved, Egypt will receive a $1.2 billion loan installment.

Egypt requested an increase in the loan from $3 billion to $8 billion due to economic challenges linked to regional geopolitical tensions.