File photo: The International Monetary Fund headquarters in Washington D.C. AFP
The upcoming Board meeting will assess Egypt’s performance under the IMF-supported programme, as the country continues to implement fiscal, monetary, and structural reforms amid persistent global financial tightening and regional economic pressures.
The EFF reviews are expected to evaluate progress against quantitative performance criteria and structural benchmarks to restore macroeconomic stability, strengthen public finances, and support private-sector–led growth.
Meanwhile, the first review under the RSA will focus on reforms designed to address longer-term vulnerabilities, particularly climate-related risks and sustainability challenges. The arrangement supports policy measures linked to climate adaptation, mitigation, and the development of sustainable finance frameworks.
The IMF is also expected to review recent policy actions, including continued fiscal consolidation, efforts to enhance monetary policy transmission, and steps toward greater foreign exchange market flexibility. Structural reforms related to state-owned enterprises and the broader investment climate are also likely to feature in the discussions.
Egypt entered into the EFF programme with the IMF in December 2022, while the RSA, approved in 2024, was designed to complement the Fund-supported programme by strengthening resilience to climate and structural shocks.
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