Egypt to Repay $1.8 Billion to IMF in H2.. Eyes $3.3 Billion in New Disbursements

According to IMF repayment schedules, Cairo will make debt-service payments over the remaining six months of 2026, while potential new inflows will depend on the successful completion of the final reviews of Egypt’s current IMF-supported reform program.

An IMF mission is currently in Egypt conducting the seventh review of the country’s economic reform program.

Successful completion of the review and subsequent approval by the IMF Executive Board would unlock approximately $1.65 billion under Egypt’s Extended Fund Facility (EFF) arrangement and the Resilience and Sustainability Facility (RSF).

A further $1.65 billion could be disbursed following the program’s eighth and final review, scheduled for November 2026. That tranche would include roughly $136 million under the sustainability-focused financing facility.

If both reviews are completed successfully, total IMF disbursements to Egypt during the second half of the year would exceed the amount scheduled for repayment, resulting in a net positive funding flow.

The repayment calendar indicates a particularly demanding period during June and July, when Egypt is expected to repay approximately $823.5 million to the IMF.

Additional payments totaling around $678.9 million are scheduled for November and December, creating another concentration of debt-service obligations toward the end of the year.

The repayment profile comes as Egyptian authorities continue implementing reforms aimed at strengthening macroeconomic stability, improving fiscal sustainability and securing external financing.

According to IMF data, Egypt has received approximately $5.207 billion under its current financing arrangements, equivalent to about 3.886 billion Special Drawing Rights (SDRs).

This amount represents roughly 190.7% of Egypt’s IMF quota, highlighting the scale of international financial support extended to the country under its ongoing reform program.

The current $8 billion Extended Fund Facility is scheduled to expire in mid-December 2026, making the upcoming reviews particularly significant for the program’s completion and the release of remaining funds.