IMF approves $1.2 billion draw for Egypt

Good afternoon to those of you joining us from Egypt and the region and Ramadan Kareem. Thank you for joining today's press briefing. My name is Angham Al Shami from the IMF Communications Department.
Prime Minister Mostafa Madbouly said health and education allocations in the new budget have significantly increased compared to other sectors.
The International Monetary Fund (IMF) recently commended Egypt's efforts to rebuild market confidence and stabilize the economy, citing a recovery in economic activity and progress in restoring ...
Egypt aims to eliminate energy subsidies and achieve cost recovery by December 2025, according to the IMF. This unwavering ...
Egypt’s inflation rate is projected to stabilize at approximately 16.6 percent by the end of June 2025, International ...
The International Monetary Fund (IMF) has approved a $1.2 billion disbursement to Egypt, part of an $8 billion bailout aimed ...