This web page provides information on the activities of the Office, views of the IMF staff, and the relations between Egypt and the IMF. Additional information can be found on Egypt and IMF country page, including official IMF reports and Executive Board documents in English that deal with Egypt.   

Back to Top

At a Glance

Current IMF Membership: 189 Countries

Egypt joined the IMF on December 27, 1945 

Quota: SDR 2037.1 million 

Back to Top

IMF's Work on Egypt

More

Back to Top

Regional Economic Outlook

May 3, 2023

The economies of the Middle East and Central Asia (ME&CA) proved resilient in 2022, despite a series of global shocks. However, this year—and potentially next—growth is expected to slow in the Middle East and North Africa (MENA) as tight policies to fight inflation, reduce vulnerabilities, and rebuild buffers start to dent economic activity in many countries, and agreed oil production cuts curb growth in oil exporters. Inflation is projected to remain persistent. The outlook for Caucasus and Central Asia (CCA) countries depends heavily on external factors, namely the impact of monetary tightening, growth in their main trading partners, the pace of private transfers, and inflows of migrants from Russia. Uncertainty is high, and risks to the baseline are tilted to the downside amid financial stability concerns—particularly in advanced economies amid contagion fears. Policy trade-offs are even more complex, and policymakers will need to calibrate the policy mix carefully to reduce core inflation without triggering financial stress and excessive tightening and continue to provide targeted fiscal support to vulnerable groups while preserving debt sustainability and financial stability. Tight monetary and fiscal policies across the region amid tight global financial conditions call for accelerating structural reforms to bolster potential growth and enhance resilience.
Read the Report