Egypt to Receive IMF Loan Tranche in December

• Tuesday, 5th December 2017
• by Sarah Samir

Egypt is believed to receive a new tranche of the $2 billion International Monetary Fund (IMF) loan during the 3rd week of December 2017, said Egyptian Minister of Finance, Amr El Garhy, according to Amwal Al Ghad. Ye...

Egypt Receives $1b from WB

• Thursday, 23rd March 2017
• by Sarah Samir

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, reported Al Borsa. The Minister of Investment and Internationa...

World Bank Approved Egypt’s $1b Loan Tranche

• Thursday, 22nd December 2016
• by Sarah Samir

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, reported Al Ahram Newspaper. Egyptian Minister o...

IMF Board to Review Egypt’s Loan

• Sunday, 9th October 2016
• by Sarah Samir

International Monetary Fund’s (IMF) Director of the Middle East and Central Asia department at the , Masood Ahmed, announced the $2.5b first tranche of the IMF’s $12b loan will be made available to Egypt a...