{"id":634244,"date":"2018-01-10T04:02:16","date_gmt":"2018-01-10T04:02:16","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/egypt-pays-usd-700-mn-in-debt-owed-to-paris-club\/"},"modified":"2018-01-10T04:02:16","modified_gmt":"2018-01-10T04:02:16","slug":"egypt-pays-usd-700-mn-in-debt-owed-to-paris-club","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/egypt-pays-usd-700-mn-in-debt-owed-to-paris-club\/","title":{"rendered":"Egypt pays USD 700 mn in debt owed to Paris Club"},"content":{"rendered":"<p><strong>Egypt paid back USD 700 mn in debts it owed to the Paris Club this week<\/strong>, the central bank announced yesterday in a <a href=\"http:\/\/english.ahram.org.eg\/NewsContent\/3\/12\/287836\/Business\/Economy\/Egypt-pays-back--million-in-debt-to-Paris-Club-CBE.aspx\">statement carried by Ahram Online<\/a>. The government had announced <a href=\"https:\/\/enterprise.press\/stories\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/\">earlier this month<\/a> that it was planning to pay off more than USD 12 bn in debts to international creditors in 2018. The central bank had repaid over USD 2 bn in debts to Afreximbank and other international creditors at the close of 2017. Egypt\u2019s foreign debt stood at USD 79 bn at the end of FY2016-17.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Egypt paid back USD 700 mn in debts it owed to the Paris Club this week, the central bank announced yesterday in a statement carried by Ahram Online. The government had announced earlier this month that it was planning to pay off more than USD 12 bn in debts to international creditors in 2018. The [&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-634244","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"9b3477ba-435b-4b9a-acc2-f7de5ca11ed7","order":"0","is_powered_by":true,"section_story_id":"71f12462-10f0-4f04-834a-dc3a45489c05","story_type":"1","photo_url":"","photo_position":"above","related_issue":[634232],"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 pays USD 700 mn in debt owed to Paris Club - 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\/10\/egypt-pays-usd-700-mn-in-debt-owed-to-paris-club\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Egypt pays USD 700 mn in debt owed to Paris Club\" \/>\n<meta property=\"og:description\" content=\"Egypt paid back USD 700 mn in debts it owed to the Paris Club this week, the central bank announced yesterday in a statement carried by Ahram Online. The government had announced earlier this month that it was planning to pay off more than USD 12 bn in debts to international creditors in 2018. The [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/egypt-pays-usd-700-mn-in-debt-owed-to-paris-club\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-01-10T04:02:16+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\/10\/egypt-pays-usd-700-mn-in-debt-owed-to-paris-club\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/egypt-pays-usd-700-mn-in-debt-owed-to-paris-club\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Egypt pays USD 700 mn in debt owed to Paris Club\",\"datePublished\":\"2018-01-10T04:02:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/egypt-pays-usd-700-mn-in-debt-owed-to-paris-club\/\"},\"wordCount\":95,\"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\/10\/egypt-pays-usd-700-mn-in-debt-owed-to-paris-club\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/egypt-pays-usd-700-mn-in-debt-owed-to-paris-club\/\",\"name\":\"Egypt pays USD 700 mn in debt owed to Paris Club - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2018-01-10T04:02:16+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/egypt-pays-usd-700-mn-in-debt-owed-to-paris-club\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/egypt-pays-usd-700-mn-in-debt-owed-to-paris-club\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/01\/10\/egypt-pays-usd-700-mn-in-debt-owed-to-paris-club\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Egypt pays USD 700 mn in debt owed to Paris Club\"}]},{\"@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 pays USD 700 mn in debt owed to Paris Club - 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\/10\/egypt-pays-usd-700-mn-in-debt-owed-to-paris-club\/","og_locale":"en_US","og_type":"article","og_title":"Egypt pays USD 700 mn in debt owed to Paris Club","og_description":"Egypt paid back USD 700 mn in debts it owed to the Paris Club this week, the central bank announced yesterday in a statement carried by Ahram Online. 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Egypt\u2019s debts stood at USD 79 bn at the end of FY 2016-17, the report notes. The central bank had\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":648225,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/31\/central-bank-to-pay-usd-750-mn-to-iocs-within-days-will-make-paris-club-payment-at-the-beginning-of-july\/","url_meta":{"origin":634244,"position":1},"title":"Central bank to pay USD 750 mn to IOCs \u201cwithin days,\u201d will make Paris Club payment at the beginning of July","author":"enterpriseam admin","date":"31 May 2017","format":false,"excerpt":"Central bank to pay USD 750 mn to IOCs \u201cwithin days,\u201d will make Paris Club payment at the beginning of July: The Central Bank of Egypt will have settled debts worth USD 1.45 bn come July, unnamed bank officials tell Youm7. This includes some USD 750 mn in arrears owed\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":642803,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/08\/22\/central-bank-says-no-usd-amounts-outstanding-for-foreign-firms\/","url_meta":{"origin":634244,"position":2},"title":"Central Bank says no USD amounts outstanding for foreign firms","author":"enterpriseam admin","date":"22 August 2017","format":false,"excerpt":"Egypt has no outstanding debts to foreign companies, having paid USD 160 mn in arrears so far, central bank Governor Tarek Amer said on Monday, according to AMAY. He said that any creditors should notify the CBE immediately. As for arrears owed to international oil firms, Amer said that a\u2026","rel":"","context":"In &quot;Banking + Finance&quot;","block_context":{"text":"Banking + Finance","link":"https:\/\/enterpriseam.com\/egypt\/category\/banking-finance\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":647743,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/18\/smaller-companies-could-miss-out-on-ioc-payments-all-iocs-to-be-paid-by-2019-dana-gas-to-restructure-debt-under-egypt-kurdistan-payment-pressure\/","url_meta":{"origin":634244,"position":3},"title":"Smaller companies could miss out on IOC payments; all IOCs to be paid by 2019; Dana Gas to restructure debt under Egypt, Kurdistan payment pressure","author":"enterpriseam admin","date":"18 May 2017","format":false,"excerpt":"Smaller oil and gas operators may miss out on the second wave of payments to international oil companies (IOCs) the central bank is planning on dishing out, LeAnne Graves writes for The National. Governor Tarek Amer had said Egypt had made a payment of USD 750 mn to IOCs and\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":645355,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/cbe-to-settle-usd-8-4-bn-in-short-term-debts-over-the-next-six-months\/","url_meta":{"origin":634244,"position":4},"title":"CBE to settle USD 8.4 bn in short-term debts over the next six months","author":"enterpriseam admin","date":"18 July 2017","format":false,"excerpt":"The CBE will be settling short-term debts to foreign countries amounting to USD 8.4 bn over the next six months, an unnamed bank official tells Al Mal. The CBE will be paying USD 4.3 bn in November, USD 3.8 bn in December, and USD 22-153 mn for July-October. Of those,\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"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":634244,"position":5},"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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634244","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=634244"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/634244\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/634232"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=634244"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=634244"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=634244"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=634244"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=634244"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}