IMF approves $1.2 billion draw for Egypt

IMF Backs $2.5 Billion for Egypt While Urging More Reforms
The International Monetary Fund approved $2.5 billion in financing for Egypt — about half of which will be paid out immediately — as it urged further reforms for the country that’s seeking to emerge from its worst economic crisis in decades.
IMF approves $1.2 billion for Egypt after reform programme's fourth review
The International Monetary Fund has approved the disbursement of $1.2 billion to Egypt after completing the fourth review of the country's $8 billion economic reform programme with the lender.
IMF approves $1.2 billion draw for Egypt after completing 4th review of economic reform program
The International Monetary Fund says it has completed its fourth review of Egypt’s economic reform program, approving a $1.2 billion disbursement for the North African country.
IMF unlocks $2.5bn for Egypt after completing fourth loan review
The International Monetary Fund announced on Tuesday that its executive board has completed the fourth review of Egypt's $8 billion Extended Fund Facility loan, allowing the country to immediately draw about $1.
IMF approves $1.2 billion for Egypt after fourth review
The International Monetary Fund approved the disbursement of $1.2 billion to Egypt following completion of the fourth review of the country's $8 billion economic reform programme, after allowing Egypt to waive a primary budget surplus target.
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Contingent on IMF nod: Power tariff may be cut by up to Rs8/unit
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