WASHINGTON, June 30, 2018 (MENA) - The executive board of the International Monetary Fund (IMF) approved the disbursement of the fourth tranche of Egypt's $12 billion loan. The $2 billion tranche was approved following the third review of Egypt's economic reform program supported by the IMF's $12 billion arrangement. The approval made available SDR 1,432.76 million (about $2 billion), bringing the total disbursements under the program to about $8.02 billion, a statement issued by the IMF read. The government has signed an agreement with the IMF to receive a $12 billion loan over three years.