The CBE floated the $1.56bn worth T-bill tender for a year, due on 16 November 2021.
Latest in Tag: international financial institutions Highlight
Latest in Tag: international financial institutions
Egypt made nominal efforts to consolidate SOEs, says WB
After several years marked by turbulence and uncertainty, Egypt’s economy encountered numerous challenges, from political unrest and declining tourism, to foreign currency and fuel shortages, which led the government to adopt an economic reform programme to improve Egypt’s public finances. Between September and November 2016, authorities introduced the value-added tax law (VAT), a free-floating currency, …