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Gov’t is repricing services as it aims to meet IMF loan conditions, senior official says
The recent increase in the prices of various services will help ease the burden off the government’s already strained budget.
FinMin looks to India for potential bond offering, could tap up to USD 1 bn in separate “sustainability bonds” next year
Egypt has been shut out of Western capital markets, forcing it to turn to to more unconventional sources of finance
Budget deficit almost doubles in 1Q FY 23-24
Public finances are being squeezed by rising borrowing costs, which has caused the government’s interest bill to spike 120% y-o-y
Importers don’t need to settle VAT in FX, says FinMin
Good morning, folks: The domestic news cycle has slowed to a crawl as we reach the final hump day of…
IMF could bump up our USD 3 bn loan on back of Gaza war
Unconfirmed reports last month claimed that Egypt was looking to borrow another USD 2 bn from the Fund
TAQA Arabia launches Tanzania’s first CNG station. PLUS: News from Capricorn Energy, NERIC, Samcrete, Cashcall
The CGN station is the first of 12 stations TAQA will set up in Tanzania
FinMin takes USD 500 mn samurai bond issuance to market
Our second Samurai bond issuance is part of the government’s efforts to diversify its debt
MPs approve fresh borrowing, oil exploration
The government will borrow USD 500 mn from Deutsche Bank and Bank ABC to fund healthcare and education spending
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