The International Monetary Fund (IMF) has approved a $5 billion augmentation to its loan program for Egypt. This move comes as part of efforts to boost the country’s economy, which has been facing challenges exacerbated by the conflict in Gaza. The International Monetary Fund (IMF) has approved a $5 billion augmentation to its loan program for Egypt.The approval from the executive board increases the fund facility from the initially approved $3 billion in December 2022 to $8 billion.This decision will facilitate an immediate disbursement of $820 million.The approval from the executive board in…