IMF Extended Fund Facility expanded to US$8 billion

Following the March 2024 EGP float, the IMF Extended Fund Facility was expanded to US$8 billion in late March 2024 (from the original US$3 billion December 2022 agreement). The expanded programme conditionality includes fiscal consolidation, reducing the state's role in the economy, and structural reforms around subsidies and privatisation. Regular programme reviews continue through 2026.