{"id":560727,"date":"2021-03-10T04:14:54","date_gmt":"2021-03-10T04:14:54","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/10\/debt-costs-fall-in-1h2020-2021\/"},"modified":"2021-03-10T04:14:54","modified_gmt":"2021-03-10T04:14:54","slug":"debt-costs-fall-in-1h2020-2021","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/10\/debt-costs-fall-in-1h2020-2021\/","title":{"rendered":"Debt costs fall in 1H2020-2021"},"content":{"rendered":"

Egypt\u2019s debt service bill dipped 5% y-o-y in 1H2020-2021 to EGP 501.1 bn<\/strong>, according to a Finance Ministry report (pdf)<\/a>. The government made some EGP 224 bn in interest payments towards domestic debt obligations and another EGP 21.5 bn in foreign interest payments during the six-month period, in addition to EGP 255 bn in repayment instalments.<\/p>\n

Who\u2019s in the market for debt?<\/strong> Enara Energy\u2019s unit Libra Capital has signed<\/a> a EGP 200 mn long-term loan agreement with the Arab African International Bank to finance the development of its solar projects in Egypt.<\/p>\n","protected":false},"excerpt":{"rendered":"

Egypt\u2019s debt service bill dipped 5% y-o-y in 1H2020-2021 to EGP 501.1 bn, according to a Finance Ministry report (pdf). The government made some EGP 224 bn in interest payments towards domestic debt obligations and another EGP 21.5 bn in foreign interest payments during the six-month period, in addition to EGP 255 bn in repayment […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7274],"tags":[82,7106,88,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-560727","post","type-post","status-publish","format-standard","hentry","category-debt-watch","tag-bonds","tag-debt","tag-debt-watch","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"f83bc003-9cfa-43ec-ad45-510b93cedd7e","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[560711],"teaser":"","voice_url":""},"yoast_head":"\nDebt costs fall in 1H2020-2021 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/03\/10\/debt-costs-fall-in-1h2020-2021\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Debt costs fall in 1H2020-2021\" \/>\n<meta property=\"og:description\" content=\"Egypt\u2019s debt service bill dipped 5% y-o-y in 1H2020-2021 to EGP 501.1 bn, according to a Finance Ministry report (pdf). 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