Egypt's Prime Minister Moustafa Madbouly: IMF Loan Disbursement Expected Next Week

• Egypt has secured an approximately $1.8 billion IMF disbursement, expected next week, after the lender's Executive Board completed the seventh review of its economic reform programme on July 31, 2026.
• The IMF's completion of this review was a crucial step, leading to the approval of the loan disbursement.
• The expected loan will help Egypt address its budget deficit, reduce inflation, and create jobs.

Egypt has secured an approximately $1.8 billion disbursement from the International Monetary Fund (IMF), which is expected to be received next week, after the lender's Executive Board completed the seventh review of the country's economic reform programme on Thursday, July 30, 2026, and approved the disbursement on Friday, July 31, 2026.

Egypt's Prime Minister Moustafa Madbouly announced that the country has secured an approximately $1.8 billion disbursement from the International Monetary Fund (IMF), which is expected to be received next week. This development comes after the IMF's Executive Board completed the seventh review of Egypt's economic reform programme on Thursday, July 30, 2026, and approved the disbursement on Friday, July 31, 2026. The IMF's completion of this review was a crucial step in determining whether to proceed with the loan disbursement.

The IMF's current Extended Fund Facility (EFF) economic reform programme for Egypt was approved in December 2022, and this seventh review marks a significant milestone. The programme aims to implement structural reforms and fiscal discipline in Egypt, which are essential conditions for the IMF loan disbursement. The IMF's Executive Board assessed the progress made by Egypt in implementing these reforms before making a decision on the loan.

The expected approximately $1.8 billion IMF disbursement is crucial for Egypt's economic stability and growth. The loan will help Egypt to address its budget deficit, reduce inflation, and create jobs. However, lawyers should be aware of the potential implications of this loan on foreign investment and trade in Egypt, as it may impact business operations and compliance obligations.

Lawyers should watch for potential implications on foreign investment and trade in Egypt, as the IMF disbursement may impact business operations and compliance obligations.

Source: Original reporting via Amwal Al Ghad