CAIRO - The International Monetary Fund agreed to disburse the fifth tranche of Egypt's $12 billion loan, worth $2 billion, Egypt's finance minister said on Monday.

The IMF offered the three-year loan programme in 2016 after Egypt agreed to a package of reforms including the devaluation of the pound, cuts to energy subsidies and the introduction of a value-added tax.

(Reporting by Nayera Abdallah; Writing by Yousef Saba; Editing by Angus MacSwan) ((Yousef.Saba@thomsonreuters.com; +201222184730))