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The IMF released $2.3 billion to Egypt, boosting its total draws to $5.2 billion under an $8 billion program, as economic stability improved despite ongoing reform challenges.
The IMF has released $2.3 billion to Egypt, including $2 billion from its Extended Fund Facility and $273 million from the Resilience and Sustainability Facility, following successful completion of its fifth and sixth reviews.
This disbursement brings total draws under the $8 billion program to about $5.2 billion since 2024.
Egypt’s economy has stabilized, with real GDP growth at 4.4% in FY2024/25, inflation down to 11.9% by January 2026, and the current account deficit narrowing to 4.2% of GDP, supported by remittances, tourism, and foreign investment.
The IMF credited tight fiscal and monetary policies and exchange rate flexibility for progress but noted uneven structural reforms, particularly in divesting state assets, and ongoing challenges from high public debt and limited fiscal space.
The program runs through December 2026.
El FMI liberó $ 2.3 mil millones a Egipto, aumentando su total a $ 5.2 mil millones bajo un programa de $ 8 mil millones, a medida que la estabilidad económica mejoró a pesar de los desafíos de reforma en curso.