Egypt expects remaining 4 billion euros in EU financial package by 2027

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Home > Finance > Egypt expects remaining 4 billion euros in EU financial package by 2027

Finance

Egypt expects remaining 4 billion euros in EU financial package by 2027

Published by Global Banking and Finance Review

Posted on January 8, 2026

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Tags:financial crisis international financial institution economic growth foreign currency debt sustainability

CAIRO, Jan 8 (Reuters) - Egypt expects the remaining 4 billion euros ($4.66 billion) of a previously announced 5 billion macro-financial assistance package from the European Union to be disbursed in three tranches by 2027, Foreign Minister Badr Abdelatty said on Thursday.

Speaking at a press conference in Cairo alongside the EU’s top diplomat Kaja Kallas, Abdelatty said Egypt hopes the first tranche, worth 1 billion euros, will be transferred in the coming days, after Cairo completed its fifth and sixth programme reviews with the International Monetary Fund.

The EU announced in 2024 a 7.4 billion euro ($8.1 billion) funding package for Egypt, including 5 billion euros in concessional loans. Egypt received the first 1 billion euro tranche in January.

The package also includes investments and grants, and was partly a response to Egypt’s worsening financial position following the Gaza war, Houthi attacks in the Red Sea and the economic fallout from the war in Ukraine.

($1 = 0.8577 euros)

(Reporting by Alexander Dziadosz, Ahmed Elimam, Editing by Alexandra Hudson)

Frequently Asked Questions about Egypt expects remaining 4 billion euros in EU financial package by 2027

1What is macro-financial assistance?

Macro-financial assistance refers to financial support provided by international institutions, like the EU or IMF, to help countries stabilize their economies during crises.

2What is a tranche?

A tranche is a portion or slice of a financial arrangement, such as a loan or investment, that is disbursed at different times or under specific conditions.

3What is a financial package?

A financial package is a set of financial resources, such as loans, grants, or investments, provided to support a country's economic needs or development projects.

4What is the International Monetary Fund (IMF)?

The International Monetary Fund (IMF) is an international organization that provides financial assistance and advice to member countries to promote global economic stability.

5What is a concessional loan?

A concessional loan is a type of loan that is offered at lower interest rates or with more favorable terms than standard loans, often to support development projects.