The IMF has approved a $1.2 billion disbursement for Egypt under its Extended Fund Facility (EFF), part of a $3.2 billion total since 2022, following the fourth review on March 11, 2025. Egypt also secured $1.3 billion via the Resilience and Sustainability Facility (RSF) to tackle climate goals, alongside the 2025 Article IV consultation wrap-up.
Despite regional conflicts cutting Suez Canal revenue by $6 billion in 2024, Egypt’s economy is stabilizing. Growth hit 3.5% in Q1 FY2024/25 after a 2.4% dip last year, inflation is easing, and a flexible exchange rate since March 2024 has cleared import backlogs and boosted forex reserves. Fiscal discipline delivered a 2.5% primary surplus in FY2023/24, though structural reforms—like divestment—lag, stunting private sector growth.
For crypto fans, Egypt’s currency flexibility and transparency push in public banks hint at fertile ground for financial innovation. The RSF aims to draw private investment into climate fixes, echoing decentralized growth vibes. Still, risks like debt and regional instability loom large.
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