Friday 28/February/2025 – 11:00 AM
The Executive Council of the International Monetary Fund has just included the disbursement of the fourth segment of $ 1.2 billion of the loan granted to Egypt in the agenda of its meeting scheduled for next March 10.
International Monetary Fund
This is Slide An important batch to support the Egyptian economic reform program, which aims to achieve financial stability and enhance economic growth.
The agenda of the Executive Council shows that the meeting to discuss Egypt’s economic program will include considering several major requests.
The meeting will also include the consultations of Article 4 of the year 2025, which is a record measure in which the IMF evaluates the economic health and policies of a member state.
The council is also scheduled to decide on the disbursement of the fourth tranche under the agreement of the EFF extended fund for Egypt, in addition to evaluating the state’s progress in achieving the agreed economic reform goals.
Other items on the agenda include requests to waive non -compliance and amend performance standards, indicating possible adjustments to the current extended fund facilitation program.
In addition, the Council will consider Egypt’s request to obtain additional financing under the Flexibility and Sustainability Fund (RSF). The Flexibility and Sustainability Fund aims to provide affordable and long -term financing for countries that are conducting reforms to address climate change and other long -term challenges.
