{"id":637221,"date":"2017-11-12T04:00:21","date_gmt":"2017-11-12T04:00:21","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/imf-reaches-agreement-with-egypt-to-disburse-usd-2-bn\/"},"modified":"2017-11-12T04:00:21","modified_gmt":"2017-11-12T04:00:21","slug":"imf-reaches-agreement-with-egypt-to-disburse-usd-2-bn","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/imf-reaches-agreement-with-egypt-to-disburse-usd-2-bn\/","title":{"rendered":"IMF reaches agreement with Egypt to disburse USD 2 bn"},"content":{"rendered":"

<\/a> IMF reaches agreement with Egypt to disburse USD 2 bn:<\/strong> The S&P\u2019s announcement came just hours after the IMF announced that it had reached a staff level agreement with the government on disbursing the USD 2 bn tranche of its USD 12 bn Extended Fund Facility. \u201cEgypt\u2019s economy continues to perform strongly, and reforms that have already been implemented are beginning to pay off in terms of macroeconomic stabilization and the return of confidence,\u201d the IMF said in a statement<\/a>. The agreement reaffirmed the government\u2019s commitment to maintaining the reform agenda. The disbursement, which will still need to be ratified by the IMF\u2019s board, will bring the amount Egypt has received from the IMF under the EEF facility to USD 6 bn, according to Reuters<\/a>. The announcement from the IMF follows a second review of progress on the reform measures by an IMF team which concluded on Thursday with a visit to the Suez Canal Economic Zone, Vice Minister of Finance Ahmed Kouchouk said, according to Al Masry Al Youm<\/a>.<\/p>\n

Finance Minister Amr El Garhy said last night on a talk show appearance that the USD 2 bn should be disbursed in December. <\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

IMF reaches agreement with Egypt to disburse USD 2 bn: The S&P\u2019s announcement came just hours after the IMF announced that it had reached a staff level agreement with the government on disbursing the USD 2 bn tranche of its USD 12 bn Extended Fund Facility. \u201cEgypt\u2019s economy continues to perform strongly, and reforms that […]<\/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-637221","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"92e3f444-38e8-4ad3-9798-7412c9ac017a","order":"0","is_powered_by":true,"section_story_id":"9fdc7ee7-be5e-4ae6-8446-83ec162ebbb6","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637211],"teaser":"","voice_url":""},"yoast_head":"\nIMF reaches agreement with Egypt to disburse USD 2 bn - 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\/2017\/11\/12\/imf-reaches-agreement-with-egypt-to-disburse-usd-2-bn\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"IMF reaches agreement with Egypt to disburse USD 2 bn\" \/>\n<meta property=\"og:description\" content=\"IMF reaches agreement with Egypt to disburse USD 2 bn: The S&P\u2019s announcement came just hours after the IMF announced that it had reached a staff level agreement with the government on disbursing the USD 2 bn tranche of its USD 12 bn Extended Fund Facility. \u201cEgypt\u2019s economy continues to perform strongly, and reforms that […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/imf-reaches-agreement-with-egypt-to-disburse-usd-2-bn\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-12T04:00:21+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\/2017\/11\/12\/imf-reaches-agreement-with-egypt-to-disburse-usd-2-bn\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/imf-reaches-agreement-with-egypt-to-disburse-usd-2-bn\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"IMF reaches agreement with Egypt to disburse USD 2 bn\",\"datePublished\":\"2017-11-12T04:00:21+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/imf-reaches-agreement-with-egypt-to-disburse-usd-2-bn\/\"},\"wordCount\":202,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/imf-reaches-agreement-with-egypt-to-disburse-usd-2-bn\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/12\/imf-reaches-agreement-with-egypt-to-disburse-usd-2-bn\/\",\"name\":\"IMF reaches agreement with Egypt to disburse USD 2 bn - 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