Egypt received further IMF Extended Fund Facility (EFF) disbursements in 2026 as part of its $8bn+ IMF programme agreed in March 2024 — one of the IMF’s largest-ever programmes for a single country. Egypt is implementing a flexible exchange rate, fiscal consolidation and structural reforms under the programme. GCC countries (UAE, Saudi Arabia) also committed $35bn+ in investments as part of the package.
Capital Details
Market Significance
One of the IMF's largest-ever single-country programmes. The GCC commitment ($35bn+) is the largest single injection of external capital into any African economy in recent history.
Risk / Considerations
Egypt's debt-to-GDP ratio remains above 90%. Subsidy reforms (fuel, food) create social pressure. Exchange rate flexibility has significantly depreciated the Egyptian pound — inflation above 30%.