IMF to provide $1.774 billion to Egypt following final Executive Board approval
5 billion for the seventh review of the core EFF arrangement and approximately $274 million designated under the Resilience and Sustainability Facility to finance environmental and climate projects in Egypt.
However, Professor of Economics at Cairo University Medhat Nafei, called for reducing or waiving a portion of the interest due on external debt, particularly as the government paid over eight billion dollars in interest during 2025 alone.774 billion—within five business days following final board approval and the endorsement of the seventh review scheduled for Thursday, in Washington, D.
This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.
