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In January 2026, the International Monetary Fund approved a $415 million emergency loan for Jamaica to support its recovery from Hurricane Me. The fund noted that Jamaica's prior history of implementing economic reforms had contributed to its resilience in facing the storm's impact.
Separately, the IMF indicated its board would conduct a review of Egypt's combined loan programs during the first quarter of the year. This upcoming review represents the next significant procedural step in Egypt's existing financial support arrangement with the international lender.
0 topics | 2 sources
1 topics | 4 sources
Jan 16
IMF approves emergency loan for Jamaica and sets review date for EgyptThe International Monetary Fund (IMF) has approved $415 million in emergency financing for Jamaica to help the country deal with the economic fallout from Hurricane Me. The IMF noted Jamaica's history of economic reforms made it more resilient. Separately, the IMF's board will review Egypt's combined loan programs in the first quarter of 2026, according to IMF spokesperson Julie Kozack.