Cairo – Egypt’s multi-year economic reform program, initiated in 2022 to address persistent economic vulnerabilities exacerbated by the war in Ukraine and the COVID-19 pandemic, is nearing its end. Prime Minister Mostafa Madbouly announced today that the International Monetary Fund (IMF) program is on track for completion within the next year, following recent agreements on key review targets. The program’s success is critical for Egypt as it faces ongoing foreign debt obligations and seeks to attract further international investment [[1]].
December 24, 2025, 4:58 PM
Egypt’s economic reform program with the International Monetary Fund is slated to conclude within the next year, according to Prime Minister Mostafa Madbouly.
“The IMF program has one year remaining,” Madbouly stated.
The Prime Minister added that an agreement has been reached with the IMF regarding the fifth and sixth reviews of the economic reform program, with targets also established for the seventh and eighth phases. He emphasized that these developments will not impose additional burdens on citizens.
The announcement comes as Egypt continues to navigate a period of economic challenges, and the completion of the IMF program marks a significant milestone in the country’s ongoing efforts to stabilize its economy. The agreement to move forward without new citizen burdens is likely to be viewed favorably by the Egyptian public.