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IMF Finishes Egypt Loan Review
The Managing Board of the International Monetary Fund completed its review of Egypt's loan program, which allowed for the provision of approximately $1.8 billion in assistance, including $1.5 billion under a 48-month program and $272 million from the "Resilience and Sustainability" facilities. The Egyptian economy demonstrated resilience to the potential escalation of the war in the region, recording a growth rate of 5% in the third quarter of the 2025/2026 fiscal year, with an expected annual growth rate of 4.6%. However, the Fund warned of weak performance in some indicators, such as rising public debt and financing needs, and emphasized that ongoing regional tensions could hinder growth and push inflation up to 16.7% in the second half of 2026, in addition to the continued slow reduction of the state's role in economic activities.
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