sovereign
Egypt · IMF Credit Outstanding · USD bn (IMF)
Latest
10.76USD bn
Methodology
## What this measures
What Egypt owes the International Monetary Fund at the end of each month: use of IMF credit (purchases from the General Resources Account not yet repurchased) plus outstanding loans from the Poverty Reduction and Growth Trust and the Resilience and Sustainability Trust, in US dollars billions.
## Why it matters
A country borrows from the IMF when it cannot borrow enough elsewhere, usually in or near a balance-of-payments crisis, and the loan comes with policy conditions. Who owes the Fund, and how much relative to the size of its economy, maps where those crises are.
## How to read it
Zero means no IMF credit outstanding. Rises with each disbursement under a program and falls with repayments. Compare with the economy using imf.fa.credit_outstanding_pct_gdp.
## What it does not say
Covers the IMF's own lending (General Resources Account purchases and PRGT and RST loans), not World Bank or bilateral loans. Amounts are owed in SDRs; the US-dollar figure moves with the SDR's exchange rate even when nothing is borrowed or repaid.
## Source
International Monetary Fund, Fund Accounts (FA), read from the IMF data API (api.imf.org, dataflow IMF.STA/FA). https://data.imf.org/ Attribution: Source: International Monetary Fund. Transformations by Palanor where stated. Transformation by Palanor: the IMF publishes US dollars (indicator CLIMF_USD, Use of IMF Credit and Loans); Palanor divides by one billion. IMF data is available free of charge from the IMF. Use follows the IMF Copyright and Usage terms, Special Terms for Statistical Data (imf.org/en/About/copyright-and-terms).
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