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
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
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