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IMF schedules critical review of Egypt’s loan deal for March 10
Posted on March 3, 2025 |
The IMF plans to review and approve Egypt’s fourth loan assessment under the Extended Fund Facility (EFF) in a meeting on 10 March.
On 25 December, Egypt and the IMF reached a staff-level agreement for the $8 billion loan program.
While both the IMF and Egypt confirmed the review is on track, no significant updates have been shared since the agreement.
If approved, Egypt will receive a $1.2 billion loan installment.
Egypt requested an increase in the loan from $3 billion to $8 billion due to economic challenges linked to regional geopolitical tensions.