Cairo - Mubasher: Egypt's net international reserves increased by $116 million during June, according to data released by the Central Bank of Egypt (CBE) on Tuesday. 

The country's net international reserves amounted to $40.58 billion at the end of June, compared to $40.46 billion a month earlier. 

Earlier, the International Monetary Fund's (IMF) executive board completed the second and final review of Egypt’s economic reform program supported by a 12-month stand-by agreement (SBA), allowing the country to receive the third tranche of the $5.4 billion loan worth $1.7 billion.