Kuwait has deposited $2bn in aid in Egypt’s central bank to help prop up the North African country’s ailing economy.

The Gulf country, along with Saudi Arabia and UAE, pledged billions of dollars in support of the interim government immediately following the military ousting of former president Mohammed Mursi in July.

Kuwait’s financing package also includes a $1bn grant and $1bn in oil products.

Gulf support will help boost Egypt’s worryingly low levels of foreign reserves, which fell to lows of $13.4bn in March.

The Central Bank has provisionally reported that foreign exchange levels have climbed up to $18.9bn at the end of August. This compares with $16bn just before the removal of Mursi.

It will also lessen the pressure on Egypt to reach an agreement on the $4.8bn financing package from the Washington-headquartered IMF.

Egypt continues to be affected by outbreaks of violence with several soldiers killed by a suicide bomber in the Sinai region on 11 September. There was also an attempted assassination of the interior minister in Cairo earlier in the month.