IMF to hand over Egypt $2bn in mid-2018 – MoF

Cairo – Mubasher: The International Monetary Fund (IMF) will allow Egypt to withdraw the fourth tranche of the $12 billion loan during June or July 2018, said Egypt’s Ministry of Finance (MoF).

Egypt will obtain $2 billion from the IMF in June or July 2018, Reuters reported on Saturday, citing deputy finance minister for monetary policies Ahmed Kojak as saying.

A delegation from the IMF will visit Egypt in May to implement a new review of Egypt’s economic reform programme.

Mubasher Contribution Time: 23-Dec-2017 15:10 (GMT)
Mubasher Last Update Time: 24-Dec-2017 05:41 (GMT)