{"id":626423,"date":"2018-07-02T04:15:49","date_gmt":"2018-07-02T04:15:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/egypt-to-receive-fourth-tranche-of-imf-loan-next-week-following-boards-approval\/"},"modified":"2018-07-02T04:15:49","modified_gmt":"2018-07-02T04:15:49","slug":"egypt-to-receive-fourth-tranche-of-imf-loan-next-week-following-boards-approval","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/egypt-to-receive-fourth-tranche-of-imf-loan-next-week-following-boards-approval\/","title":{"rendered":"Egypt to receive fourth tranche of IMF loan next week following board\u2019s approval"},"content":{"rendered":"<p><strong>Egypt expects to receive the fourth tranche of a USD 12 bn extended fund facility from the IMF this week,<\/strong> Finance Minister Mohamed Maait <u><a href=\"https:\/\/www.youm7.com\/story\/2018\/6\/29\/%D9%88%D8%B2%D9%8A%D8%B1-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-2-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%84%D9%85%D8%B5%D8%B1-%D9%85%D9%86-%D8%B5%D9%86%D8%AF%D9%88%D9%82-%D8%A7%D9%84%D9%86%D9%82%D8%AF-%D8%AA%D8%B5%D9%84\/3853470\">told Youm7<\/a><\/u>. The IMF\u2019s board signed off on the disbursement of the USD 2.02 bn tranche on Friday; it will bring to USD 8 bn the total Egypt has so far received since signing the agreement in 2016 bn, according to an IMF press release <u><a href=\"https:\/\/www.reuters.com\/article\/egypt-imf\/corrected-update-1-imf-approves-2-02-bln-payment-to-egypt-as-part-of-12-bln-loan-idUSL8N1TV6HV\">carried by Reuters<\/a><\/u>. The IMF had decided to \u201cpostpone the date for approving the next tranche of its Egypt loan to a day after the rate decision\u201d was made, <u><a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2018-06-28\/egypt-holds-rates-as-subsidy-cuts-rekindle-inflation-worries\">notes Bloomberg<\/a><\/u>. That signals the IMF\u2019s \u201ccontinued hawkish oversight, favoring monetary austerity until inflation and money supply growth are tamed,\u201d Naeem brokerage said in a note picked up by Bloomberg. Egypt and the IMF had reached a <u><a href=\"https:\/\/enterprise.press\/stories\/2018\/05\/20\/imf-egypt-reach-staff-level-agreement-to-disburse-usd-2-bn-loan-tranche\/\">staff-level agreement back in May<\/a><\/u>, following a positive third review of progress on economic and structural reform, which found that the country had made solid progress, with inflation levels cooling and GDP growth accelerating.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt expects to receive the fourth tranche of a USD 12 bn extended fund facility from the IMF this week, Finance Minister Mohamed Maait told Youm7. The IMF\u2019s board signed off on the disbursement of the USD 2.02 bn tranche on Friday; it will bring to USD 8 bn the total Egypt has so far [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-626423","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"37651f5c-5c31-45d4-81d6-0071138b9aab","order":"0","is_powered_by":true,"section_story_id":"b8663116-8115-4851-bf69-6883f55f6920","story_type":"1","photo_url":"","photo_position":"above","related_issue":[626404],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt to receive fourth tranche of IMF loan next week following board\u2019s approval - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/egypt-to-receive-fourth-tranche-of-imf-loan-next-week-following-boards-approval\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt to receive fourth tranche of IMF loan next week following board\u2019s approval\" \/>\n<meta property=\"og:description\" content=\"Egypt expects to receive the fourth tranche of a USD 12 bn extended fund facility from the IMF this week, Finance Minister Mohamed Maait told Youm7. The IMF\u2019s board signed off on the disbursement of the USD 2.02 bn tranche on Friday; it will bring to USD 8 bn the total Egypt has so far [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/egypt-to-receive-fourth-tranche-of-imf-loan-next-week-following-boards-approval\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-07-02T04:15:49+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/egypt-to-receive-fourth-tranche-of-imf-loan-next-week-following-boards-approval\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/egypt-to-receive-fourth-tranche-of-imf-loan-next-week-following-boards-approval\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt to receive fourth tranche of IMF loan next week following board\u2019s approval\",\"datePublished\":\"2018-07-02T04:15:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/egypt-to-receive-fourth-tranche-of-imf-loan-next-week-following-boards-approval\/\"},\"wordCount\":181,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/egypt-to-receive-fourth-tranche-of-imf-loan-next-week-following-boards-approval\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/07\/02\/egypt-to-receive-fourth-tranche-of-imf-loan-next-week-following-boards-approval\/\",\"name\":\"Egypt to receive fourth tranche of IMF loan next week following board\u2019s approval - 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The\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597399,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/07\/25\/egypt-will-be-getting-the-final-tranche-of-the-usd-12-bn-imf-facility-soon\/","url_meta":{"origin":626423,"position":3},"title":"Egypt will be getting the final tranche of the USD 12 bn IMF facility soon","author":"enterpriseam admin","date":"25 July 2019","format":false,"excerpt":"IMF signs off on final USD 2 bn tranche disbursal: The IMF\u2019s Executive Board approved yesterday disbursing the final USD 2 bn tranche of the institution\u2019s USD 12 bn facility to Egypt, after completing its fifth and final review of the country\u2019s economic reform program, the institution said in a\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/10\/153.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":627342,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/07\/30\/fifth-imf-loan-tranche-to-be-disbursed-in-early-2019-maait\/","url_meta":{"origin":626423,"position":4},"title":"Fifth IMF loan tranche to be disbursed in early 2019 -Maait","author":"enterpriseam admin","date":"30 July 2018","format":false,"excerpt":"Egypt is expected to receive the fifth tranche of its USD 12 bn extended fund facility from the IMF in early 2019, Finance Minister Mohamed Maait told Al Mal yesterday. An IMF delegation is scheduled to visit in November to conduct a fourth review of the economic reform agenda ahead\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":600630,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/02\/05\/the-long-awaited-fifth-tranche-of-egypts-imf-loan-is-on-its-way-finally\/","url_meta":{"origin":626423,"position":5},"title":"The long-awaited fifth tranche of Egypt\u2019s IMF loan is on its way, finally","author":"enterpriseam admin","date":"5 February 2019","format":false,"excerpt":"Egypt will get the fifth tranche of its USD 12 bn IMF facility any day now: The International Monetary Fund\u2019s executive board has signed off on the institution\u2019s fourth review of Egypt\u2019s economic reform program, giving the green light to the disbursal of the fifth USD 2 bn tranche of\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626423","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=626423"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/626423\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/626404"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=626423"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=626423"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=626423"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=626423"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=626423"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}