IMF Reaches Staff-Level Deal with Egypt, Paving Way for $1.64bn in New Financing

The International Monetary Fund (IMF) has reached a staff-level agreement with Egypt on the seventh review of the country’s Extended Fund Facility (EFF) programme and the second review under the Resilience and Sustainability Facility (RSF), paving the way for approximately $1.64 billion in additional financing, subject to approval by the IMF Executive Board. Completion of [...] The post IMF Reaches Staff-Level Deal with Egypt, Paving Way for $1.64bn in New Financing appeared first on The Middle East Observer .