The Egyptian Cabinet has approved the Ministry of Finance’s plan for international bond issuances worth a total of $3 billion during fiscal year (FY) 2026/2027 to diversify its financing sources and instruments while further reducing external debt.
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Egypt has issued debt instruments totaled $71.6 billion since the beginning of 2024 until April 24th, representing a 57% year-on-year (YoY) increase.
Updated 4/28/2024 8:12:00 AM