{"id":647576,"date":"2017-05-15T03:32:23","date_gmt":"2017-05-15T03:32:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/on-the-horizon-217\/"},"modified":"2017-05-15T03:32:23","modified_gmt":"2017-05-15T03:32:23","slug":"on-the-horizon-217","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/on-the-horizon-217\/","title":{"rendered":"On the horizon"},"content":{"rendered":"<p><strong>The IMF is expected to deliver the <\/strong><a href=\"https:\/\/enterprise.press\/stories\/2017\/05\/14\/egypt-passes-imf-inspection-and-will-receive-the-second-tranche-of-the-loan\/\"><strong>second tranche<\/strong><\/a><strong> Egypt\u2019s USD 12 bn extended facility <\/strong><strong>at the end of the current fiscal year in late June<\/strong>, Finance Minister Amr El Garhy said on Sunday, <a href=\"http:\/\/www.almalnews.com\/Pages\/StoryDetails.aspx?ID=333817\">according to Al Mal<\/a>. Disbursement of the USD 1.25 bn tranche awaits the approval of the IMF\u2019s executive board on a staff-level agreement that IMF Egypt Mission Chief Chris Jarvis signed with the government last Thursday, after certifying that the country\u2019s economic reform agenda is moving in a generally positive direction.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The IMF is expected to deliver the second tranche Egypt\u2019s USD 12 bn extended facility at the end of the current fiscal year in late June, Finance Minister Amr El Garhy said on Sunday, according to Al Mal. Disbursement of the USD 1.25 bn tranche awaits the approval of the IMF\u2019s executive board on a [&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":[9277],"tags":[72,3157],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-647576","post","type-post","status-publish","format-standard","hentry","category-on-the-horizon","tag-enterpriseam","tag-on-the-horizon","wpautop","entry"],"acf":{"mongo_id":"7c9f84ac-68df-4c9f-bc8e-88671225e8fb","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[647571],"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>On the horizon - 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\/05\/15\/on-the-horizon-217\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"On the horizon\" \/>\n<meta property=\"og:description\" content=\"The IMF is expected to deliver the second tranche Egypt\u2019s USD 12 bn extended facility at the end of the current fiscal year in late June, Finance Minister Amr El Garhy said on Sunday, according to Al Mal. Disbursement of the USD 1.25 bn tranche awaits the approval of the IMF\u2019s executive board on a [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/on-the-horizon-217\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-15T03:32:23+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/on-the-horizon-217\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/on-the-horizon-217\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"On the horizon\",\"datePublished\":\"2017-05-15T03:32:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/on-the-horizon-217\/\"},\"wordCount\":89,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"ON THE HORIZON\"],\"articleSection\":[\"ON THE HORIZON\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/on-the-horizon-217\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/on-the-horizon-217\/\",\"name\":\"On the horizon - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-05-15T03:32:23+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/on-the-horizon-217\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/on-the-horizon-217\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/on-the-horizon-217\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"On the horizon\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"On the horizon - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/15\/on-the-horizon-217\/","og_locale":"en_US","og_type":"article","og_title":"On the horizon","og_description":"The IMF is expected to deliver the second tranche Egypt\u2019s USD 12 bn extended facility at the end of the current fiscal year in late June, Finance Minister Amr El Garhy said on Sunday, according to Al Mal. 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The IMF\u2019s executive board will meet on 29 June to decide on the fourth USD 2 bn tranche of Egypt\u2019s\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":635778,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/12\/13\/on-the-horizon-111\/","url_meta":{"origin":647576,"position":2},"title":"On the horizon","author":"enterpriseam admin","date":"13 December 2017","format":false,"excerpt":"The IMF may disburse the third USD 2 bn tranche of Egypt\u2019s USD 12 bn Extended Fund Facility as late as January, an unidentified government source tells Al Shorouk. Finance Minister Amr El Garhy had previously said that the disbursal is expected before the end of December. The IMF\u2019s Executive\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":649268,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/27\/on-the-horizon-238\/","url_meta":{"origin":647576,"position":3},"title":"On the horizon","author":"enterpriseam admin","date":"27 April 2017","format":false,"excerpt":"Dates for IMF review in Cairo confirmed: An International Monetary Fund delegation will be in Cairo from Monday, 30 April until Thursday, 11 May to assess Egypt\u2019s progress on the economic reforms for which we signed up as a condition of the USD 12 bn extended fund facility, IMF Mission\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":641384,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/20\/641384\/","url_meta":{"origin":647576,"position":4},"title":"IMF review coming up end\u2026","author":"enterpriseam admin","date":"20 September 2017","format":false,"excerpt":"IMF review coming up end of October, third loan tranche in December: An IMF delegation is expected to visit Egypt at the end of October for a review ahead of the disbursal of the third USD 2 bn tranche of the country\u2019s extended fund facility, which is scheduled for December,\u2026","rel":"","context":"In &quot;ON THE HORIZON&quot;","block_context":{"text":"ON THE HORIZON","link":"https:\/\/enterpriseam.com\/egypt\/category\/on-the-horizon\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":652995,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/01\/24\/on-the-horizon-276\/","url_meta":{"origin":647576,"position":5},"title":"On the horizon","author":"enterpriseam admin","date":"24 January 2017","format":false,"excerpt":"IMF Mission Chief to Egypt Chris Jarvis is set to visit Cairo sometime next month to assess progress on Egypt\u2019s economic reform program. The USD 1.25 bn second tranche of the funding should be disbursed by 15 March, contingent on the results of the review. 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