{"id":645355,"date":"2017-07-18T03:44:47","date_gmt":"2017-07-18T03:44:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/cbe-to-settle-usd-8-4-bn-in-short-term-debts-over-the-next-six-months\/"},"modified":"2017-07-18T03:44:47","modified_gmt":"2017-07-18T03:44:47","slug":"cbe-to-settle-usd-8-4-bn-in-short-term-debts-over-the-next-six-months","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/18\/cbe-to-settle-usd-8-4-bn-in-short-term-debts-over-the-next-six-months\/","title":{"rendered":"CBE to settle USD 8.4 bn in short-term debts over the next six months"},"content":{"rendered":"<p><strong>The CBE will be settling short-term debts to foreign countries amounting to USD 8.4 bn over the next six months<\/strong>, an unnamed bank official <a href=\"http:\/\/www.almalnews.com\/Story\/340273\/12\/%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%8A%D8%B3%D8%AF%D8%AF-8-4-%D9%85%D9%84%D9%8A%D8%A7%D8%B1-%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D8%AF%D9%8A%D9%88%D9%86%D8%A7-%D9%82%D8%B5%D9%8A%D8%B1%D8%A9-%D8%A7%D9%84%D8%A3%D8%AC%D9%84-%D8%AD%D8%AA%D9%89-%D9%8A%D9%86%D8%A7%D9%8A%D8%B1\">tells Al Mal<\/a>. 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, USD 2 bn will be used to repay international financing institutions for T-bills issued on the Irish bourse and USD 400 mn will be paid to Turkey to settle a USD 1 bn 2012-13 loan, while USD 500 mn will settle debts with Libya and USD 100 mn will clear dues owed to Saudi Arabia. The bank has already settled USD 3.7 bn in debts during 1H2017.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>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, USD 2 bn will be [&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":[9285],"tags":[2398,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-645355","post","type-post","status-publish","format-standard","hentry","category-diplomacy-foreign-trade","tag-diplomacy-foreign-trade","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"a36a065f-13d6-400e-9e67-26c8eff19e75","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[645325],"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>CBE to settle USD 8.4 bn in short-term debts over the next six months - 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\/07\/18\/cbe-to-settle-usd-8-4-bn-in-short-term-debts-over-the-next-six-months\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CBE to settle USD 8.4 bn in short-term debts over the next six months\" \/>\n<meta property=\"og:description\" content=\"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. 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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":668009,"url":"https:\/\/enterpriseam.com\/egypt\/2025\/07\/08\/net-foreign-assets-bounce-back-to-record-usd-14-7-bn-in-may\/","url_meta":{"origin":645355,"position":3},"title":"Net foreign assets bounce back to record USD 14.7 bn in May","author":"enterpriseam admin","date":"8 July 2025","format":false,"excerpt":"Commercial banks\u2019 net foreign assets surge to highest level since February 2021","rel":"","context":"In &quot;Banking&quot;","block_context":{"text":"Banking","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/banking\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2025\/1\/1752.jpg?fit=%2C&ssl=1&resize=350%2C200","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":645355,"position":4},"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. 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