The IMF on 11 March agreed to disburse $1.2bn to Egypt as the fourth tranche of an $8bn bailout loan agreed in March 2024 (MEES, 8 March 2024).
The international lender also approved Egypt’s request for an additional $1.3bn arrangement under the Resilience and Sustainability Facility (RSF), welcoming the authorities’ “efforts to implement medium-term macro-critical reforms to address climate change.” (CONTINUED - 644 WORDS)
