https://www.polity.org.za
Deepening Democracy through Access to Information
Home / News / African News RSS ← Back
Egypt|Egyptian Pound|Privatisation|Public Debt|International Monetary Fund|Middle East
||||
egypt|egyptian-pound|privatisation|public-debt|international-monetary-fund-organization|middle-east
Close

Email this article

separate emails by commas, maximum limit of 4 addresses

Sponsored by

Close

Article Enquiry

IMF completes Egypt reviews, unlocks $1.8bn


Close

IMF completes Egypt reviews, unlocks $1.8bn

Should you have feedback on this article, please complete the fields below.

Please indicate if your feedback is in the form of a letter to the editor that you wish to have published. If so, please be aware that we require that you keep your feedback to below 300 words and we will consider its publication online or in Creamer Media’s print publications, at Creamer Media’s discretion.

We also welcome factual corrections and tip-offs and will protect the identity of our sources, please indicate if this is your wish in your feedback below.


Close

Embed Video

IMF completes Egypt reviews, unlocks $1.8bn

Nile River
Photo by Reuters

31st July 2026

By: Reuters

SAVE THIS ARTICLE      EMAIL THIS ARTICLE

Font size: -+

The International Monetary Fund (IMF) said on Thursday it completed two reviews of some facilities for Egypt, giving the country access to about $1.8-billion.

Egypt would receive about $1.5-billion under the IMF's 48-month loan programme after completing the seventh review, along with roughly $272-million under the Resilience and Sustainability Facility, bringing total disbursements under Egypt's current arrangement with the fund to about $7.3-billion.

Advertisement

Egypt agreed to a $3-billion loan with the IMF in December 2022. The programme was expanded to $8-billion in March 2024, when ⁠the ​country was grappling with high inflation and foreign currency shortages.

The global lender said Egypt's economy has remained resilient to spillovers from the war in the Middle East.

Advertisement

The country had entered the regional conflict from a stronger macroeconomic position than in previous external shocks, helped by a more flexible exchange rate, fuel-price adjustments and curbs on state spending, it added.

Economic growth reached 5% in the third quarter of the 2025/26 fiscal year, while growth for the full year is projected at about 4.6%, the IMF said.

However, important vulnerabilities remain, the fund warned, including public debt, large gross financing needs, and a sizable state footprint.

"A renewed escalation of regional tensions could weigh on growth, raise global inflationary pressures, tighten financial conditions, and put additional pressure on the fiscal and external positions," the IMF said in a statement.

Efforts to reduce the state’s role in the economy and create greater space for private sector investment, including through divestment of state assets, have progressed more slowly than anticipated and need to be accelerated, the lender added.

EMAIL THIS ARTICLE      SAVE THIS ARTICLE      FEEDBACK

To subscribe email subscriptions@creamermedia.co.za or click here
To advertise email advertising@creamermedia.co.za or click here


About

Polity.org.za is a product of Creamer Media.
www.creamermedia.co.za

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more

Subscriptions

We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store

Advertise

Advertising on Polity.org.za is an effective way to build and consolidate a company's profile among clients and prospective clients. Email advertising@creamermedia.co.za

View options

Email Registration Success

Thank you, you have successfully subscribed to one or more of Creamer Media’s email newsletters. You should start receiving the email newsletters in due course.

Our email newsletters may land in your junk or spam folder. To prevent this, kindly add newsletters@creamermedia.co.za to your address book or safe sender list. If you experience any issues with the receipt of our email newsletters, please email subscriptions@creamermedia.co.za