IMF Mission Set for Early December to Review Egypt’s Economic Programmes

An International Monetary Fund (IMF) mission is scheduled to arrive in Cairo in early December 2025 to conduct the fifth and sixth reviews of Egypt’s $8 billion Extended Fund Facility (EFF) and the first review under the $1.3 billion Resilience and Sustainability Facility (RSF), according to Julie Kozack, Head of the IMF’s Communications Department.
Speaking during a hybrid press briefing on Thursday, Kozack noted that the mission comes as Egypt’s macroeconomic outlook shows signs of improvement, with stronger economic growth, easing inflation, and continued fiscal discipline.
Despite these gains, Egypt faces structural challenges, including a low tax-to-GDP ratio, high public debt, energy-related fiscal pressures, and a significant state presence in the economy. Kozack highlighted efforts by Egyptian authorities to enhance policy frameworks, such as divesting state assets, reviewing governance in state-owned banks, and strengthening debt management. She emphasised that under the IMF programme, proceeds from divestments should bolster international reserves and reduce public debt, contributing to economic stability and improved living standards for Egyptians.