IMF includes Egypt on meeting agenda for Thursday to finalize 7th review
The International Monetary Fund (IMF) has added Egypt to the agenda of its Executive Board meeting scheduled for Thursday to consider approving the seventh review under the Extended Fund Facility (EFF) program.
Egypt’s inclusion on the Executive Board’s agenda is a preliminary step toward final approval of the disbursement of the seventh tranche of the EFF loan, as well as the tranche related to the second review of the FSFF, totaling $1.
This comes under the IMF-supported financing program for Egypt, which includes an $8 billion EFF arrangement and an additional $1.
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