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These commitments include the repayment of $10 billion from external debt In addition to another 14 billion dollars for foreign funds.
data showed Egyptian Centralthat these amounts were directed to repay international loans and bonds, which reflects the commitment Egypt To pay all dues and obligations on their scheduled dates, according to the state-run Middle East News Agency.
On the other hand, Egypt’s reserves declined from foreign exchange It reached $35.4 billion at the end of last May, down by $1.6 billion from the previous month.
The Egyptian Central attributed the decline the reserve To pay foreign debts owed about two billion dollars during the month of May, including coupons for government bonds, in addition to dues to a fund International Monetary and other obligations.
Increasingly Egypt External debts amounting to $25.2 billion during the period from July 2020 to September 2021, including $19.93 billion in debt installments and $5.35 billion in interest on previous debts.
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These commitments include the repayment of $10 billion from external debt In addition to another 14 billion dollars for foreign funds.
data showed Egyptian Centralthat these amounts were directed to repay international loans and bonds, which reflects the commitment Egypt To pay all dues and obligations on their scheduled dates, according to the state-run Middle East News Agency.
On the other hand, Egypt’s reserves declined from foreign exchange It reached $35.4 billion at the end of last May, down by $1.6 billion from the previous month.
The Egyptian Central attributed the decline the reserve To pay foreign debts owed about two billion dollars during the month of May, including coupons for government bonds, in addition to dues to a fund International Monetary and other obligations.
Increasingly Egypt External debts amounting to $25.2 billion during the period from July 2020 to September 2021, including $19.93 billion in debt installments and $5.35 billion in interest on previous debts.