Today, Sunday 5 October, EIPR publishes its new report in the "Eye on Debt" series, which analyses the Fourth Review of Egypt’s agreement with the International Monetary Fund (IMF) regarding the Extended Fund Facility (EFF) programme.
Tags: فوائد الديون
Introduction
After a delay of about five months, the International Monetary Fund (IMF) completed the fourth review of the Extended Fund Facility Arrangement for Egypt, which Egypt signed in late 2022.
- 
58% of new loans are allocated to servicing existing debt, and interest is equivalent to 87% of tax revenue 
- 
Salaries for senior government officials set to increase by 66%, compared to a 17% raise for healthcare workers and 4% for teachers 
The Egyptian Initiative for Personal Rights (EIPR) released an analytical paper titled "The 2025-2026 Budget: Egypt in the Grip of Debts", providing an analysis of the public budget of the fiscal year that began in early July.
More inflation…more pain inflicted on the people of Egypt
After a downward trend in previous months, Egypt's inflation rates rose again in August and September. The rise was driven by the government's continued implementation of the IMF program's measures, most notably the hike in energy and electricity prices.
The Egyptian Initiative for Personal Rights (EIPR) released today an analytical paper entitled "2024/2025: A Budget for Interest on Debt... Austerity for us, profits for creditors".
- 
Real spending on all items is on the wane, except for loan cost
This report was prepared by Mohamed Ramadan, researcher at the Economic and Social Justice Unit of the Egyptian Initiative for Personal Rights (EIPR), and edited by Wael Gamal, director of the unit.
I. Introduction








