Egypt Daily News – The International Monetary Fund (IMF) has included Egypt on the agenda for the Executive Board meeting scheduled for March 10, 2025, to discuss the disbursement of the fourth tranche of the financing program, valued at $1.2 billion.
Egypt is expected to receive this tranche within the same month, following the Executive Board’s approval. The International Monetary Fund (IMF) had previously announced that it had reached a staff-level agreement with Egyptian authorities regarding the fourth review of the Extended Fund Facility agreement, paving the way for the disbursement of the allocated amount following the Executive Board’s approval.
Estimates indicate that Egypt’s budget will achieve a primary surplus of 4% in the fiscal year 2025-2026, rising to 5% in 2026-2027. The primary surplus refers to the difference between public revenues and expenditures, excluding debt interest payments.
So far, Egypt has received three tranches from the agreed-upon financing program with the IMF, which has a total value of $8 billion.
According to previous data, the Egyptian government continues to implement economic policies that ensure macroeconomic stability, despite regional challenges that have impacted Suez Canal revenues.
In 2024, Egypt attracted $46 billion in foreign direct investments, driven by economic measures such as the decisions of March 6, the unification of the exchange rate, investment incentives, and the expansion of golden licenses issuance.
Egypt’s import bill amounts to approximately $7 billion per month, exceeding $70 billion annually, while the current foreign exchange reserves cover the equivalent of eight months of commodity imports. This surpasses the global average of three months, ensuring the stability of essential and strategic goods supplies.
Foreign direct investments contribute to economic growth and job creation. An increase in economic activity from 4% to 7% leads to higher productivity and public revenues, which are directed toward vital sectors such as health and education, with approximately 1.5 trillion Egyptian pounds allocated to these sectors in the current budget.
Foreign exchange inflows into the Egyptian economy have improved significantly in recent months, supported by economic reforms—particularly the unification of the exchange rate—which have boosted foreign direct and indirect investments. Additionally, an increase in remittances from Egyptians working abroad has positively impacted the stability of the U.S. dollar exchange rate.
