Restructure loan for Egypt

AMF DISBURSES TO THE ARAB REPUBLIC OF EGYPT THE SECOND TRANCHE OF THE LOAN WITHIN THE FRAMEWORK OF THE STRUCTURAL ADJUSTMENT FACILITY IN THE PUBLIC FINANCE SECTOR, WITH AN AMOUNT OF ARAB ACCOUNTING DINAR 65.775 MILLION, THE EQUIVALENT OF APPROXIMATELY...


Arab Monetary Fund disburses to the Arab Republic of Egypt the second tranche of the loan within the framework of the Structural Adjustment Facility in the Public Finance Sector, with an amount of Arab Accounting Dinar 65.775 million, the equivalent of approximately USD 282 million, to support reform efforts in face of various challenges

The Arab Monetary Fund (AMF) is keen to support the efforts of its member countries to implement economic, financial and structural reforms, in face of various challenges, through a number of means, including financing the needs of the balance of payments and public budgets, and financing trade through its affiliate the Arab Trade Financing Program, in addition to its role in promoting policy dialogue and consultation on economic, financial and developmental issues via its various forums and activities, providing technical advice to member countries in the field of economic, fiscal and financial policies, and providing training for government officials in member countries through its Institute for Training and Capacity Building.