Egypt and ITFC review food and energy trade financing
Egypt’s planning and economic development ministry reported on 15 October that Minister Ahmed Rostom met ITFC chief Adeeb Al-Aama in Bangkok to review existing cooperation. The discussion covered the US$1.5 billion annual work program signed in May 2026 to support food and energy needs.
Source review period: 2026-10-16
Published: · Updated:
The source does not state the event date; the period shown is the source review period.
The ministry said the relationship, begun in 2008, includes five framework agreements worth approximately $26.4 billion. Talks also covered a proposed 2026–2027 country program and trade-capacity projects. These are values of existing agreements and programs, not fresh October disbursements, and are not added together as a new financing total.
Data
ITFC: existing program and frameworks
15 October ministry review
- Value of 2026 work program signed in May
- 1,500,000,000 USD
- 2026-05 · Target
- Reported value of five framework agreements
- ≈26,400,000,000 USD
- 2026-10-15 · Target
Methodology
Amounts are stated values of signed program and frameworks, not payments. Program signed May 2026; framework total uses announcement date only. Program and frameworks may overlap and are not summed.
Updated:
Subjects and places
Subject proposals
- EconomySuggested
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- Egypt · Place role: Coverage · Place type: Country or area · Location precision: RegionalEvidence
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