Egypt's discussions with the International Monetary Fund have become closely related to developments in the war on the Gaza Strip. This close connection, according to observers and activists, appeared on two levels: The first was talk about a possible increase in the loan program as a result of the economic difficulties resulting from this war.
The second is the need to provide “comprehensive support” to help Egypt deal with the pressures imposed by the refugee issue from Gaza. The agreement on the faltering program between Egypt and the Fund dates back to the end of December 2022, when the latter agreed to provide $3 billion.