{"id":634028,"date":"2018-01-03T04:20:13","date_gmt":"2018-01-03T04:20:13","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/"},"modified":"2018-01-03T04:20:13","modified_gmt":"2018-01-03T04:20:13","slug":"egypt-to-repay-usd-12-bn-in-foreign-debt-this-year","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/","title":{"rendered":"Egypt to repay USD 12 bn in foreign debt this year"},"content":{"rendered":"<p><strong>Egypt repaid USD 30 bn in foreign currency debt in 2017 and is set to pay off more than USD 12 bn more in 2018,<\/strong> MENA said, <a href=\"https:\/\/af.reuters.com\/article\/commoditiesNews\/idAFL8N1OX0WV\">as per Reuters<\/a>. Egypt\u2019s debts stood at USD 79 bn at the end of FY 2016-17, the report notes. The central bank <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/02\/cbe-keeps-rates-unchanged-in-its-last-meeting-of-2017\/\">had said<\/a>it closed 2017 by paying over USD 2 bn in debts to AfreximBank and other international creditors, and is set to pay USD 700 mn to Paris Club debtors this month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt repaid USD 30 bn in foreign currency debt in 2017 and is set to pay off more than USD 12 bn more in 2018, MENA said, as per Reuters. Egypt\u2019s debts stood at USD 79 bn at the end of FY 2016-17, the report notes. The central bank had saidit closed 2017 by paying [&hellip;]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-634028","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5afd9a2a-6bbf-446a-ad31-4fcbe2e40fcb","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[634022],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Egypt to repay USD 12 bn in foreign debt this year - 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\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt to repay USD 12 bn in foreign debt this year\" \/>\n<meta property=\"og:description\" content=\"Egypt repaid USD 30 bn in foreign currency debt in 2017 and is set to pay off more than USD 12 bn more in 2018, MENA said, as per Reuters. Egypt\u2019s debts stood at USD 79 bn at the end of FY 2016-17, the report notes. The central bank had saidit closed 2017 by paying [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-03T04:20:13+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt to repay USD 12 bn in foreign debt this year\",\"datePublished\":\"2018-01-03T04:20:13+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/\"},\"wordCount\":84,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/\",\"name\":\"Egypt to repay USD 12 bn in foreign debt this year - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-01-03T04:20:13+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt to repay USD 12 bn in foreign debt this year\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Egypt to repay USD 12 bn in foreign debt this year - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/","og_locale":"en_US","og_type":"article","og_title":"Egypt to repay USD 12 bn in foreign debt this year","og_description":"Egypt repaid USD 30 bn in foreign currency debt in 2017 and is set to pay off more than USD 12 bn more in 2018, MENA said, as per Reuters. 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The government had announced earlier this month that it was planning to pay off more than USD 12 bn in debts to\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":597990,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/12\/egypts-foreign-debt-rises-to-usd-96-6-bn-in-2q2018-19\/","url_meta":{"origin":634028,"position":1},"title":"Egypt\u2019s foreign debt rises to USD 96.6 bn in 2Q2018-19","author":"enterpriseam admin","date":"12 May 2019","format":false,"excerpt":"Egypt\u2019s foreign debt rises to USD 96.6 bn in 2Q2018-2019: The nation's foreign debt rose 16.5% y-o-y to USD 96.6 bn in 2Q2018-2019, up from USD 82.9 bn in the same period a year earlier, according to central bank data. External debt rose 3.7% on a quarterly basis from USD\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":562279,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/18\/sudan-gets-usd-30-bn-worth-of-pledges-to-cover-bilateral-imf-debts\/","url_meta":{"origin":634028,"position":2},"title":"Sudan gets USD 30 bn worth of pledges to cover bilateral, IMF debts","author":"enterpriseam admin","date":"18 May 2021","format":false,"excerpt":"Sudan just got a USD 30 bn lifeline in the form of debt cancellation and funding pledges from IMF members during a conference in Paris yesterday kickstarting its debt relief program, Sky News Arabia reports. France has pledged to cancel USD 5 bn of debts Sudan owes, while Saudi Arabia\u2026","rel":"","context":"In &quot;Diplomacy&quot;","block_context":{"text":"Diplomacy","link":"https:\/\/enterpriseam.com\/egypt\/category\/regulation\/diplomacy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/5\/137.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":557459,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/09\/20\/banque-misr-borrows-usd-1-bn-from-intl-syndicate\/","url_meta":{"origin":634028,"position":3},"title":"Banque Misr borrows USD 1 bn from int'l syndicate","author":"enterpriseam admin","date":"20 September 2021","format":false,"excerpt":"Banque Misr has obtained a syndicated loan worth about USD 1 bn,the bank announced in a statement (pdf). The three-year loan will be used to refinance existing debts and expand its loan portfolio, it said. Sources told CNBC Arabia last month that the bank will use the proceeds to pay\u2026","rel":"","context":"In &quot;DEBT WATCH&quot;","block_context":{"text":"DEBT WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/debt-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/9\/268.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":571326,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/05\/07\/egypts-foreign-debt-reaches-usd-112-6-bn-in-2q2019-20\/","url_meta":{"origin":634028,"position":4},"title":"Egypt\u2019s foreign debt reaches USD 112.6 bn in 2Q2019-20","author":"enterpriseam admin","date":"7 May 2020","format":false,"excerpt":"DEBT WATCH- Egypt\u2019s total external debt rose 16% y-o-y in 2Q2019-2020 to USD 112.6 bn from USD 96.6 bn the previous year, according to official data. External debt rose 2.9% on a quarterly basis from USD 109.4 bn on 30 September.","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":594097,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/10\/20\/egypts-foreign-debt-hits-usd-108-7-bn-in-4q2018-19\/","url_meta":{"origin":634028,"position":5},"title":"Egypt\u2019s foreign debt hits USD 108.7 bn in 4Q2018-19","author":"enterpriseam admin","date":"20 October 2019","format":false,"excerpt":"Egypt\u2019s foreign debt rose increased to USD 108.7 bn at the end of 4Q2018-2019, up 17.3% y-o-y from USD 92.6 bn at the end of June 2018, according to the Central Bank of Egypt's monthly statistical bulletin (pdf \u2014 pp. 66, table 38). 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