Second Tranche | Egypt Oil & Gas

Egypt to Receive IMF Loan Tranche in December

Egypt I believed to receive a new tranche of the $2 billion International Monetary Fund (IMF) loan during the 3rd week of December 2017, Egyptian Minister of Finance.

Egypt Receives $1b from WB

The World Bank (WB) announced that it released $1b to Egypt as the second tranche of its $3b loan agreement signed with the Arab country in December 2015.

World Bank Approved Egypt’s $1b Loan Tranche

The World Bank's Board of Executive Directors approved the release of the second $1b tranche of the $3b loan aiming to fund Egypt's economic reform program.

IMF Board to Review Egypt’s Loan

The $2.5b first tranche of the IMF's $12b loan will be made available to Egypt after the IMF’s executive board reviews the program, with the country’s funding package be presented to the fund’s executive board by the ...

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