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Tourism players once again have access to subsidized loans
The gov’t will offer EGP 10 bn worth of loans at an 11% rate to the industry
IMF’s Africa head calls for urgent debt reform
Abebe Selassie pushes the continent’s creditors on debt relief
No interest rate hikes on soft loans to industry, agriculture players
Subsidized loans will stay at 11% despite the CBE’s rate hike
Economic reform a must to avoid “depreciation-inflation cycle” -Goldman
Our problem is exports, not imports
THIS MORNING: Savers pour EGP 41 bn into Banque Misr’s new CDs + Net foreign liabilities deepened in February
And the Donald pleads “not guilty”
Banking turmoil leaves one in four EMs shut out of global debt market
Local currency EM debt fared better in 1Q
CBE unveils terms of new subsidized lending program
The CBE has handed responsibility for subsidized loans to the FinMin under the IMF deal.
THIS MORNING: Sovereign sukuk as soon as next week? And worth up to USD 5 bn?!_StoryHedWeb_! Egypt to issue its maiden sovereign sukuk as soon as next week?
Final timing of the issuance dependent on market conditions
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