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Budget deficit could widen to 7.8% due to covid-19 -Maait
Budget deficit could widen to 7.8% due to covid-19 -Maait: Egypt’s budget deficit could widen to 7.8% of GDP in…
First tranche of fresh IMF funding to land on Monday -report
First tranche of fresh IMF funding to land on Monday -report: The government will receive USD 2.7 bn from the…
Emerging markets: Which are most at risk?
Emerging markets: Which are most at risk? As the emerging world begins to stabilize after weeks of turbulence, this Economist…
CBE sells almost USD 1 bn in one-year USD t-bills
The Central Bank of Egypt sold USD 975.4 mn of one-year USD-denominated treasury bills in an offering that was 1.3x…
China’s Belt and Road loans are coming under pressure amid pandemic squeeze
China’s Belt and Road loans are coming under pressure amid pandemic squeeze: Several countries are seeking debt relief from China…
Egypt to obtain USD 400 mn World Bank loan for universal healthcare
CABINET WATCH- Egypt okays fresh financing from World Bank loan for healthcare: The Madbouly Cabinet agreed in its meeting yesterday…
Central Bank of Egypt cuts interest on loans to tourism companies to 5%
REGULATION WATCH- CBE cuts interest on soft loans for tourism industry to 5% from 8%: The central bank is subsidizing…
Your top 5 infrastructure stories of the week
Your top infrastructure news of the week: Damietta LNG plant agreement collapses: An agreement to reopen the Damietta LNG plant…
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