Signal EU disburses €1.5 billion to Egypt under Macro-Financial Assistance programme

Summary

The European Union disbursed €1.5 billion to Egypt under its Macro-Financial Assistance (MFA) programme, intended to support Egypt's economic reform and longer-term macroeconomic stability. The disbursement follows the Egyptian government's implementation of policy reform conditions attached to the programme, including strengthening public finance management, improving the business environment, advancing governance reforms at state-owned enterprises, and green-transition measures covering water resource management and energy efficiency. The disbursement links EU financial support directly to both conventional economic-governance reforms and climate-related policy conditions.