Egypt Secures €1 Billion EU Disbursement Under Financial Support Program

CAIRO, Jan 15 – Egypt has received €1 billion from the European Union, marking the latest disbursement under a multi year financial assistance programme, according to the country’s Ministry of International Cooperation.

The payment forms part of a €5 billion macro financial assistance package agreed between Cairo and Brussels. Egypt received the first tranche of the programme in January 2025 and is expected to receive an additional €3 billion in two separate tranches during 2026.

The EU support is designed to help strengthen Egypt’s external financing position and support macroeconomic stability amid ongoing fiscal and balance of payments pressures. The funding also complements additional financing Egypt has secured from multilateral lenders and regional partners.

European officials have described the assistance as part of a broader effort to support economic reform, financial resilience, and regional stability. For Egypt, the inflows provide critical foreign currency support at a time when the government is seeking to stabilize public finances, manage external debt obligations, and sustain growth.

The latest disbursement underscores the EU’s role as one of Egypt’s key financial partners, even as Cairo continues to diversify its sources of external funding across international institutions and bilateral allies.