IMF team in Cairo to discuss a $3 billion loan proposal

Posted on January 22, 2024   |  

A team from the International Monetary Fund (IMF) is presently in Cairo, engaging in talks concerning Egypt's $3 billion loan and reform program. 

These discussions also encompass considerations for additional financial support to ease the repercussions of the Gaza war on the country.

The ongoing conversations involve the IMF team delving into the first and second reviews of Egypt's reform program, which receives support from the IMF's Extended Fund Facility.