Egypt is set to receive a second €1 billion tranche from the European Union (EU) on Thursday, January 15, as part of the financial support package previously agreed between Cairo and Brussels, the country’s Planning, Economic Development and International Cooperation Minister Rania Al-Mashat announced on Tuesday.
The tranche represents the second installment of the €5 billion macro-financial assistance component within a broader €7.4 billion EU funding package pledged to Egypt in 2024.
At a press conference organized by the ministry this morning, Al-Mashat emphasised that the release of this second tranche is linked to Egypt’s progress in implementing 34 structural reforms under its National Structural Reforms Programme, a key condition of the agreement with the EU.
Looking ahead, she outlined that the third tranche — worth €1.5 billion — is expected to be disbursed mid-2026, with a fourth tranche of €1.5 billion scheduled for the end of 2026. All payments are tied to structural reforms that focus on macroeconomic stability, improvements to the business environment, competitiveness and the green transition.
Dr. Al-Mashat noted the overall support framework also opens up budget space for priority public services such as education and healthcare while encouraging deeper private sector participation in the Egyptian economy.
The wider €7.4 billion package, announced by the EU in 2024, combines concessional loans, grants and investments aimed at supporting economic stability and development projects in Egypt.
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