In March 2020, the the Egyptian government provided 100 billion Egyptian pounds (6.37 billion U.S. dollars) as a stimulus package. Moreover, the IMF agreed to fund Egypt via the rapid financing instrument, with 2.8 billion U.S. dollars in early May. A month later, the IMF approved the request for a standby agreement put in by Egypt, and this provided access to an even higher 5.2 billion as a pandemic relief fund. Additionally, funds received from the World Bank in March 2020 amounted to 7.9 million U.S. dollars, further adding 50 million U.S. dollars in May of the same year.
Financial response to the coronavirus (COVID-19) pandemic in Egypt as of 2020, by funding organization
(in millions)
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Oxford Business Group. (May 1, 2021). Financial response to the coronavirus (COVID-19) pandemic in Egypt as of 2020, by funding organization (in millions) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1257874/financial-response-to-coronavirus-in-egypt-by-organization/
Oxford Business Group. "Financial response to the coronavirus (COVID-19) pandemic in Egypt as of 2020, by funding organization (in millions)." Chart. May 1, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1257874/financial-response-to-coronavirus-in-egypt-by-organization/
Oxford Business Group. (2021). Financial response to the coronavirus (COVID-19) pandemic in Egypt as of 2020, by funding organization (in millions). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1257874/financial-response-to-coronavirus-in-egypt-by-organization/
Oxford Business Group. "Financial Response to The Coronavirus (Covid-19) Pandemic in Egypt as of 2020, by Funding Organization (in Millions)." Statista, Statista Inc., 1 May 2021, https://www.statista.com/statistics/1257874/financial-response-to-coronavirus-in-egypt-by-organization/
Oxford Business Group, Financial response to the coronavirus (COVID-19) pandemic in Egypt as of 2020, by funding organization (in millions) Statista, https://www.statista.com/statistics/1257874/financial-response-to-coronavirus-in-egypt-by-organization/ (last visited November 22, 2024)
Financial response to the coronavirus (COVID-19) pandemic in Egypt as of 2020, by funding organization (in millions) [Graph], Oxford Business Group, May 1, 2021. [Online]. Available: https://www.statista.com/statistics/1257874/financial-response-to-coronavirus-in-egypt-by-organization/