IMF Executive Board Approves US$2.772 Billion in Emergency Support to Egypt to Address the COVID-19 Pandemic

“The Executive Board of the International Monetary Fund approved Egypt’s request for emergency financial assistance of SDR 2,037.1 million (US$ 2.772 billion, 100 percent of quota) under the Rapid Financing Instrument (RFI) to meet the urgent balance of payments needs stemming from the outbreak of the COVID-19 pandemic.”

via IMF