2018 will be the peak year in Egypt’s five-year debt repayment schedule

2018 is expected to be the peak year in Egypt’s five-year debt repayment schedule, which sees the Central Bank paying around USD 5.22 bn this year, USD 12.9 bn in 2018 (of which USD 8 bn will go to Kuwait, Saudi, Libya, and the UAE), USD 6 bn in 2019, USD 6.1 bn in 2020, and USD 3 bn in 2021, according to Al Shorouk.