Egypt is set to receive the first tranche of $500mn from the International Monetary Fund’s (IMF) Resilience and Sustainability Facility (RSF) before the end of 2025, Asharq Business reported on September 3, citing government sources. 

The IMF’s Executive Board approved the agreement on March 11, 2025, granting Egypt access to around $1.3bn under the RSF to support climate-related reforms and mitigate balance of payments risks. The RSF arrangement complements Egypt’s broader economic reform programme under the IMF’s $8bn Extended Fund Facility (EFF). The combined programmes are designed to provide both financial support and structural guidance, as Egypt continues to pursue fiscal consolidation, investment-friendly policies, and green transition measures to stabilise its economy.

In July 2025, the IMF postponed Egypt’s fifth and sixth reviews under the EFF, linking their completion to tangible progress in reforms aimed at expanding private sector participation and reducing the state’s role in the economy. The Fund’s sixth programme review for the loan is scheduled for September 15, with a seventh review set for March 2026. The loan programme was signed in March 2024, following extended periods of severe economic challenges in Egypt, including a foreign currency crisis and inflation peaking at 38% in September 2023.

Egyptian Deputy Finance Minister Ahmed Kouchouk earlier expected these reviews to be finalised by September or October 2025, which would unlock a separate $2.5bn tranche under the EFF, according to Al Ahram.

The IMF expected Egypt’s economy to have grown by 4% in FY 2024/25, which ended in June, up from its earlier projection of 3.8% in April, but lowered its forecast to 4.1% in FY 2025/26, down from 4.3%, according to its July update to the World Economic Outlook (WEO) published on July 29.