{"id":637045,"date":"2017-11-07T04:09:36","date_gmt":"2017-11-07T04:09:36","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/foreign-debt-hits-usd-80-bn-in-september-sources\/"},"modified":"2017-11-07T04:09:36","modified_gmt":"2017-11-07T04:09:36","slug":"foreign-debt-hits-usd-80-bn-in-september-sources","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/foreign-debt-hits-usd-80-bn-in-september-sources\/","title":{"rendered":"Foreign debt hits USD 80 bn in September -sources"},"content":{"rendered":"<p>This \u201cFragile Five\u201d stuff is rooted in our debt profile, leading us to note that <strong>Egypt\u2019s foreign <\/strong><strong>debt eased fractionally to USD 80 bn in September<\/strong>, down from USD 81 bn in August, but up from July\u2019s USD 79 bn, central bank sources <a href=\"https:\/\/alborsanews.com\/2017\/11\/06\/1062894\">tell Al Borsa<\/a>. Egypt <a href=\"https:\/\/enterprise.press\/stories\/2017\/11\/05\/egypt-pays-off-debt-to-turkey-installments-to-libya\/\">recently paid off<\/a> the final USD 200 mn installment of a USD 1 bn it obtained from Turkey in 2012, as well as a USD 250 mn installment to Libya for a USD 1.5 bn loan, of which a final installment of USD 500 mn will be repaid in 2018. Egypt is <a href=\"https:\/\/enterprise.press\/stories\/2017\/09\/26\/egypt-to-repay-usd-5-2-bn-in-afrexim-bank-debt-before-decembers-end\/\">planning to repay<\/a> a total USD 8.134 in loans during 4Q2017, including a USD 5.2 bn payment to the African Export-Import Bank before the end of December, which is expected to reduce foreign obligations significantly, central bank Governor Tarek Amer had said.<\/p>\n<p><strong>Slimming down the debt: <\/strong>The Finance Ministry is reportedly <a href=\"https:\/\/enterprise.press\/stories\/2017\/10\/17\/govt-working-out-a-two-year-plan-to-manage-domestic-foreign-debt\/\">working on a two-year strategy<\/a> to reduce Egypt\u2019s foreign and domestic debt levels.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This \u201cFragile Five\u201d stuff is rooted in our debt profile, leading us to note that Egypt\u2019s foreign debt eased fractionally to USD 80 bn in September, down from USD 81 bn in August, but up from July\u2019s USD 79 bn, central bank sources tell Al Borsa. Egypt recently paid off the final USD 200 mn [&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-637045","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"8bd5d9d1-8b04-4504-a9f7-1ec39bd7bbde","order":"0","is_powered_by":true,"section_story_id":"daa46c9b-9dae-4876-ab4d-a1cbc61f16b2","story_type":"1","photo_url":"","photo_position":"above","related_issue":[637037],"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>Foreign debt hits USD 80 bn in September -sources - 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\/2017\/11\/07\/foreign-debt-hits-usd-80-bn-in-september-sources\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Foreign debt hits USD 80 bn in September -sources\" \/>\n<meta property=\"og:description\" content=\"This \u201cFragile Five\u201d stuff is rooted in our debt profile, leading us to note that Egypt\u2019s foreign debt eased fractionally to USD 80 bn in September, down from USD 81 bn in August, but up from July\u2019s USD 79 bn, central bank sources tell Al Borsa. Egypt recently paid off the final USD 200 mn [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/foreign-debt-hits-usd-80-bn-in-september-sources\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-11-07T04:09:36+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\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/foreign-debt-hits-usd-80-bn-in-september-sources\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/foreign-debt-hits-usd-80-bn-in-september-sources\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Foreign debt hits USD 80 bn in September -sources\",\"datePublished\":\"2017-11-07T04:09:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/foreign-debt-hits-usd-80-bn-in-september-sources\/\"},\"wordCount\":162,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/foreign-debt-hits-usd-80-bn-in-september-sources\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/foreign-debt-hits-usd-80-bn-in-september-sources\/\",\"name\":\"Foreign debt hits USD 80 bn in September -sources - 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Egypt recently paid off the final USD 200 mn [&hellip;]","og_url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/foreign-debt-hits-usd-80-bn-in-september-sources\/","og_site_name":"EnterpriseAM Egypt","article_published_time":"2017-11-07T04:09:36+00:00","author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/foreign-debt-hits-usd-80-bn-in-september-sources\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/foreign-debt-hits-usd-80-bn-in-september-sources\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Foreign debt hits USD 80 bn in September -sources","datePublished":"2017-11-07T04:09:36+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/foreign-debt-hits-usd-80-bn-in-september-sources\/"},"wordCount":162,"publisher":{"@id":"https:\/\/enterpriseam.com\/egypt\/#organization"},"keywords":["EnterpriseAM","SPEED ROUND"],"articleSection":["Speed Round"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/foreign-debt-hits-usd-80-bn-in-september-sources\/","url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/07\/foreign-debt-hits-usd-80-bn-in-september-sources\/","name":"Foreign debt hits USD 80 bn in September -sources - 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Reserves fell by some USD 10 bn between March and May\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":636925,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/05\/egypt-pays-off-debt-to-turkey-installments-to-libya\/","url_meta":{"origin":637045,"position":2},"title":"Egypt pays off debt to Turkey, installments to Libya","author":"enterpriseam admin","date":"5 November 2017","format":false,"excerpt":"Egypt has paid off the final USD 200 mn installment of a USD 1 bn loan obtained from Turkey in 2012 during former President Mohamed Morsi\u2019s tenure, Reuters reports. The government also paid Libya a USD 250 mn installment for its USD 1.5 bn loan, leaving USD 500 mn remaining\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":598791,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/06\/09\/egypts-foreign-reserves-inch-up-in-may\/","url_meta":{"origin":637045,"position":3},"title":"Egypt\u2019s foreign reserves inch up in May","author":"enterpriseam admin","date":"9 June 2019","format":false,"excerpt":"Foreign reserves inch up to USD 44.27 bn at end-May: Egypt added USD 112 mn to its reserves base in May to close the month at USD 44.274 bn compared to USD 44.218 bn at end-April, the central bank said. The central bank had made debt payment of USD 406\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":634028,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/01\/03\/egypt-to-repay-usd-12-bn-in-foreign-debt-this-year\/","url_meta":{"origin":637045,"position":4},"title":"Egypt to repay USD 12 bn in foreign debt this year","author":"enterpriseam admin","date":"3 January 2018","format":false,"excerpt":"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. 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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":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637045","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=637045"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/637045\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/637037"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=637045"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=637045"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=637045"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=637045"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=637045"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}