Tags Result

Egypt takes steps to curtail direct borrowing from CBE

The Egyptian government has initiated measures to limit its direct borrowing from the Central Bank of Egypt (CBE) in a bid to bolster economic stability.

Updated 5/6/2024 8:49:00 AM
Egypt pledges to halt direct CBE lending

The Egyptian authorities have agreed to stop borrowing billions of dollars directly from the Central Bank of Egypt (CBE), bypassing the finance ministry.

Updated 4/24/2024 1:16:00 AM
State borrowing on concessional terms to be limited to development projects: El-Said

Minister of Planning and Economic Development Hala El-Said announced that borrowing on concessional terms would only take place when necessary for long-term projects that could generate development receipts.

Updated 6/6/2023 8:15:00 AM