Facebook page of the Spokesman for the Egyptian Presidency
President Abdel Fattah El-Sisi meets with International Monetary Fund (IMF) Managing Director Kristalina Georgieva, Nov. 3, 2019.

Egypt set to receive $3B from IMF, World Bank before year-end

Mohamed Ibrahim
Published Monday, October 13, 2025 - 17:36

Egypt expects to receive $3 billion in external financing from the International Monetary Fund and the World Bank before the end of 2025, a senior Finance Ministry source told Al Manassa.

The financing package includes $2.5 billion from the IMF and $500 million from the World Bank. The IMF had previously delayed disbursement of Egypt’s fifth loan tranche, opting instead to merge the fifth and sixth reviews of the 2022 loan agreement to allow more time for implementing key reforms.

“A government delegation, including the ministers of finance, planning, international cooperation, investment, and foreign trade, along with the Central Bank governor, will head to Washington later this week,” the source said, noting that the meetings will take place on the sidelines of the IMF and World Bank annual meetings.

The agenda includes discussions on how to reinforce support for Egypt’s economy, the source said, as well as reviewing outstanding tranches agreed under World Bank lending programs. Among those is a $500 million tranche scheduled for December, recently reaffirmed through official correspondence between Cairo and the Bank.

In March 2024, the World Bank announced a three-year plan to provide Egypt with more than $6 billion in support. Half of that would go to government-backed programs, while the rest is intended for the private sector. A first installment of $500 million was disbursed in mid-2024.

The Egyptian delegation will also meet with the IMF’s executive board to finalize the combined fifth and sixth reviews of the loan program. If approved, the disbursement would release $2.5 billion, in addition to $274 million as the first installment of the IMF’s $1.3 billion Resilience and Sustainability Facility.

Topics expected to arise during the meetings include efforts to accelerate Egypt’s stalled privatization program, attract additional Gulf investment, expand funding for renewable energy and green hydrogen projects, and strengthen social safety nets—such as the Takaful and Karama cash transfer programs—as well as food security initiatives.

The talks come amid mounting debt pressure. Egypt’s external debt reached $161.2 billion in Q2 of 2025, up from $156.6 billion the previous quarter, the Planning Ministry announced this month—raising concerns over rising debt servicing costs and the country’s need for hard currency.