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Egypt receives $2.3 billion IMF payout after review of reforms

The payout follows a preliminary agreement covering the latest revisions of Egypt’s economic overhaul and its climate-focused financing program

Ahmed Mosaad/NurPhoto via Getty Images

Al-Khayamiya market in Cairo

Egypt has secured about $2.3 billion in funding from the IMF after completing two reviews of its reform program.

The payout follows a preliminary agreement reached in December covering the latest revisions of Egypt’s economic overhaul and...