Egypt is preparing to end its IMF programs after 2026, but with heavy debt repayments, reliance on alternative financing, costly economic reforms, and unresolved tensions over the military’s role in the economy, the “divorce” may be far more complicated than it sounds.

Geopolitical tensions, reliance on short-term capital, and conditional IMF financing, combined with seasonal demand and structural economic vulnerabilities, are driving volatility in the Egyptian pound despite high reserves and remittance inflows.

The Middle East region is currently experiencing an extraordinary level of tension, marked by a series of high-stakes events that have reverberated across the Middle East, threatening the Egyptian economy with a huge blow.

Starting in June, the cost of subsidized bread in Egypt will leap from 5 to 20 piasters, marking a 300% increase and the first of its kind since 1988.

The scarcity of dollars, the state of economic chaos, and the expected problems in repaying accumulated debts have prompted Sisi's regime to open the doors of banks to account holders without asking them about the source, even if in millions.